Tribunal must hear concerned parties on objection raised by RD in respect of valuation of shares: NCLAT

CL: Where in exit process of non-promoter shareholders, in respect of being of capital, Regional Director of Ministry of Corporate Affairs had belatedly filed affidavit raising objection about valuation of shares and validity of resolution passed on proposed reduction, it was to be considered in public interest

from www.taxmann.com Latest Case Laws https://ift.tt/2wrJHSZ