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    <title>2023 (2) TMI 769 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal dismissed the appeal challenging the legality of the NCLT&#039;s order dated 18.12.2019, which dismissed the winding up petition against the Respondent company. The dismissal was based on the similarity with a previous case and precedents, specifically &quot;Registrar of Companies Vs. Apoorva Leasing Finance &amp;amp; Investment Company Limited.&quot; The Tribunal found no reason to deviate from the previous judgment, emphasizing the lack of proper sanction and procedural deficiencies in obtaining the sanction as critical factors. The appeal was dismissed, and the judgment was directed to be uploaded and sent to the NCLT, New Delhi Bench.</description>
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      <description>The Tribunal dismissed the appeal challenging the legality of the NCLT&#039;s order dated 18.12.2019, which dismissed the winding up petition against the Respondent company. The dismissal was based on the similarity with a previous case and precedents, specifically &quot;Registrar of Companies Vs. Apoorva Leasing Finance &amp;amp; Investment Company Limited.&quot; The Tribunal found no reason to deviate from the previous judgment, emphasizing the lack of proper sanction and procedural deficiencies in obtaining the sanction as critical factors. The appeal was dismissed, and the judgment was directed to be uploaded and sent to the NCLT, New Delhi Bench.</description>
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