https://www.taxtmi.com/caselaws?id=774738 The NCLAT dismissed an appeal challenging NCLT's withdrawal of earlier directions for conducting a secretarial audit. The tribunal held that the impugned order was merely a continuation of previous directions and not a review/recall under Section 420(2) of Companies Act 2013. The NCLAT found the withdrawal justified as the Practicing Company Secretary's report confirmed no financial statements were filed with ROC during 2015-2023, indicating the company was non-operational. Without basic compliance parameters being met, conducting a secretarial audit would serve no purpose. The appeal was dismissed as lacking merit. en-us Tue, 08 Jul 2025 00:00:00 +0530 Mon, 14 Jul 2025 08:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774738 The NCLAT dismissed an appeal challenging NCLT's withdrawal of earlier directions for conducting a secretarial audit. The tribunal held that the impugned order was merely a continuation of previous directions and not a review/recall under Section 420(2) of Companies Act 2013. The NCLAT found the withdrawal justified as the Practicing Company Secretary's report confirmed no financial statements were filed with ROC during 2015-2023, indicating the company was non-operational. Without basic compliance parameters being met, conducting a secretarial audit would serve no purpose. The appeal was dismissed as lacking merit. Case-Laws Companies Law Tue, 08 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774738