Monday, October 18, 2021

NCLT directs to pass appropriate order to ensure justice to shareholder’s legal heir awaiting justice for 21 yrs

COMPANY LAW : Where on death of shareholder of company filing petition under section 397, CLB by impugned order substituted his legal representative in his place and director of company challenged said order by filing frivolous interlocutory applications and matter had been dragged for almost 21 years, to ensure justice to shareholder and to avoid any further delay, appropriate order on merit was to be passed

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000316094/nclt-directs-to-pass-appropriate-order-to-ensure-justice-to-shareholder’s-legal-heir-awaiting-justice-for-21-yrs.aspx

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