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    <title>2022 (9) TMI 396 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , NEW DELHI</title>
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    <description>The tribunal concluded that all CFO candidates must meet the eligibility criteria under section 203 of the Companies Act, 2013. It found the NCLT erred in solely relying on Article 140 of the AoA without considering the Act&#039;s provisions. The tribunal set aside the Impugned Order, directing valid CFO nominations within sixty days in compliance with the Companies Act, 2013. The judgment&#039;s comments do not impact the main company petition before the NCLT, and no costs were ordered.</description>
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      <description>The tribunal concluded that all CFO candidates must meet the eligibility criteria under section 203 of the Companies Act, 2013. It found the NCLT erred in solely relying on Article 140 of the AoA without considering the Act&#039;s provisions. The tribunal set aside the Impugned Order, directing valid CFO nominations within sixty days in compliance with the Companies Act, 2013. The judgment&#039;s comments do not impact the main company petition before the NCLT, and no costs were ordered.</description>
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