https://www.taxtmi.com/caselaws?id=397708 The Appellant, an employee of the company, alleged mismanagement and irregularities, seeking an investigation into the company's affairs under Section 213 (b) (ii) of the Companies Act 2013. Despite the Appellant's claims of fraud and misconduct, the NCLT dismissed the petition, labeling it as mala fide. The Appellant's appeal was also unsuccessful, with the Appellate Tribunal upholding the NCLT's decision, emphasizing the need for substantial grounds and evidence in such cases. The eligibility of a Public Sector Undertaking employee to file under Section 213 (b) (ii) was questioned but ultimately deemed unwarranted in this instance. en-us Thu, 12 Mar 2020 00:00:00 +0530 Thu, 27 Aug 2020 11:03:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397708 The Appellant, an employee of the company, alleged mismanagement and irregularities, seeking an investigation into the company's affairs under Section 213 (b) (ii) of the Companies Act 2013. Despite the Appellant's claims of fraud and misconduct, the NCLT dismissed the petition, labeling it as mala fide. The Appellant's appeal was also unsuccessful, with the Appellate Tribunal upholding the NCLT's decision, emphasizing the need for substantial grounds and evidence in such cases. The eligibility of a Public Sector Undertaking employee to file under Section 213 (b) (ii) was questioned but ultimately deemed unwarranted in this instance. Case-Laws Companies Law Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397708