Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Former Director Allegedly Conducted Fraudulent Business; Claim Filed Under Section 339(1) of Companies Act 2013 for Liability</h1> The document is a legal form for a claim under section 339(1) of the Companies Act, 2013, filed before the National Company Law Tribunal. It involves a company ordered to be wound up due to insolvency, with an estimated financial deficiency. The respondent, a former director or managing agent of the company, is alleged to have conducted business fraudulently. The applicant seeks a declaration holding the respondent liable for the company's debts, payment of the outstanding amount, and additional relief, including costs. The form outlines the necessary details for the claim, including the company's incorporation and financial status.
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