https://www.taxtmi.com/caselaws?id=432404 The Appellate Tribunal declined to set aside the impugned orders but acknowledged that Mr. Rajeev Satpal Lakhanpal indeed held 70% shares as per the Memorandum of Association. The Tribunal directed the National Company Law Tribunal, Hyderabad Bench, to frame a necessary issue for determination regarding the Appellants' locus to file the Company Petition, emphasizing the importance of considering relevant documents during the final disposal. The Three Appeals were disposed of with liberty granted to the Appellants to raise all factual and legal issues before the National Company Law Tribunal, Hyderabad Bench. en-us Tue, 03 Jan 2023 00:00:00 +0530 Thu, 05 Jan 2023 08:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432404 The Appellate Tribunal declined to set aside the impugned orders but acknowledged that Mr. Rajeev Satpal Lakhanpal indeed held 70% shares as per the Memorandum of Association. The Tribunal directed the National Company Law Tribunal, Hyderabad Bench, to frame a necessary issue for determination regarding the Appellants' locus to file the Company Petition, emphasizing the importance of considering relevant documents during the final disposal. The Three Appeals were disposed of with liberty granted to the Appellants to raise all factual and legal issues before the National Company Law Tribunal, Hyderabad Bench. Case-Laws Insolvency and Bankruptcy Tue, 03 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432404