Thursday, October 4, 2018

NCLT allows Govt. to takeover IL&FS and suspends entire board of directors

CL : Where Union of India filed petition alleging that Managerial persons of respondent company i.e. IL&FS were responsible for negligence and incompetence and to unearth irregularity and for investigation, provisions of section 212(1)(c ) were invoked for investigation into affairs of company,

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