https://www.taxtmi.com/caselaws?id=763669 The NCLAT dismissed an appeal challenging the NCLT's rejection of a company petition filed under Section 244(b) of the Companies Act, 2013. The appellant, who was removed from company membership in 2012 through an EOGM decision published in newspapers, failed to demonstrate continued membership status from 2012-2023. With only 97 members at the time of petition filing, the appellant did not meet the statutory threshold requirements. The NCLAT rejected the appellant's claim of believing he remained a member throughout this period, finding no merit in the appeal and upholding the NCLT's dismissal on grounds of maintainability and delay. en-us Mon, 23 Dec 2024 00:00:00 +0530 Thu, 26 Dec 2024 08:45:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763669 The NCLAT dismissed an appeal challenging the NCLT's rejection of a company petition filed under Section 244(b) of the Companies Act, 2013. The appellant, who was removed from company membership in 2012 through an EOGM decision published in newspapers, failed to demonstrate continued membership status from 2012-2023. With only 97 members at the time of petition filing, the appellant did not meet the statutory threshold requirements. The NCLAT rejected the appellant's claim of believing he remained a member throughout this period, finding no merit in the appeal and upholding the NCLT's dismissal on grounds of maintainability and delay. Case-Laws Companies Law Mon, 23 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763669