Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Civil Appeal Dismissed Due to Lack of Merit; Respondent Unrepresented in Proceedings.</h1> <h3>Tridhaatu Kirti Developers LLP Versus Arihant Nenawati & Ors.</h3> The SC dismissed the civil appeal, concluding that the case lacked merit. The respondent was unrepresented during the proceedings. - Tridhaatu Kirti ... Fraudulent trading - Preferential transactions - Undervalued transactions - Extortionate transactions - it was held by NCLAT that 'It is very much clear that it is the intention to defraud creditors at that stage Section 66 is applicable. This section empowers the Adjudicating Authority to pass an order for recovery from such fraudulent parties as contribution to the assets of the CD' - HELD THAT:- There are no merit in this appeal. Admission is refused and the civil appeal is, accordingly, dismissed. The Supreme Court dismissed the civil appeal as it found no merit in the case. The respondent did not have representation during the hearing.