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    <title>2018 (8) TMI 258 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The tribunal upheld the NCLT&#039;s decision to set aside the sale deeds due to lack of proper authorization and violation of company laws. It found oppression and mismanagement by certain respondents, highlighting misappropriation of funds and fraudulent activities. The tribunal dismissed the appeals, emphasizing that the disqualified respondent&#039;s actions were not protected under the Companies Act and attracted criminal liability.</description>
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      <description>The tribunal upheld the NCLT&#039;s decision to set aside the sale deeds due to lack of proper authorization and violation of company laws. It found oppression and mismanagement by certain respondents, highlighting misappropriation of funds and fraudulent activities. The tribunal dismissed the appeals, emphasizing that the disqualified respondent&#039;s actions were not protected under the Companies Act and attracted criminal liability.</description>
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