Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
The NCLAT dismissed the company petition filed by the appellant on grounds of lack of maintainability and delay. It held that the appellant failed to establish his membership in the respondent company between 2012-2013 till the filing of the petition in 2023. The appellant was removed as a member in the EOGM dated 01.02.2012, which was published in the newspaper, and he did not challenge this decision. With 97 members on the date of filing, the appellant did not meet the statutory threshold for filing the petition u/s 244(b) of the Companies Act, 2013. The NCLAT rejected the appellant's argument of believing he was still a member during these years, finding no infirmity in the impugned order. Consequently, the appeal was dismissed as devoid of merit.
The NCLAT dismissed the company petition filed by the appellant on grounds of lack of maintainability and delay. It held that the appellant failed to establish his membership in the respondent company between 2012-2013 till the filing of the petition in 2023. The appellant was removed as a member in the EOGM dated 01.02.2012, which was published in the newspaper, and he did not challenge this decision. With 97 members on the date of filing, the appellant did not meet the statutory threshold for filing the petition u/s 244(b) of the Companies Act, 2013. The NCLAT rejected the appellant's argument of believing he was still a member during these years, finding no infirmity in the impugned order. Consequently, the appeal was dismissed as devoid of merit.
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