https://www.taxtmi.com/caselaws?id=784079 In an appeal arising from a petition under ss.241-242 of the Companies Act, 2013 alleging undue gains, perjury, tampering of records, and seeking implementation of an equal shareholding arrangement between two family groups, the NCLAT held that the parties had conclusively resolved all disputes by a Memorandum of Settlement placed on record. On the legal basis that a voluntary settlement can govern and replace contested reliefs, the NCLAT directed custodial handling and prompt delivery of two demand drafts tendered pursuant to the settlement and ordered that the impugned order shall stand substituted by the settlement terms; consequently, the appeal was closed in terms of the settlement. en-us Tue, 29 Jul 2025 00:00:00 +0530 Mon, 29 Dec 2025 08:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784079 In an appeal arising from a petition under ss.241-242 of the Companies Act, 2013 alleging undue gains, perjury, tampering of records, and seeking implementation of an equal shareholding arrangement between two family groups, the NCLAT held that the parties had conclusively resolved all disputes by a Memorandum of Settlement placed on record. On the legal basis that a voluntary settlement can govern and replace contested reliefs, the NCLAT directed custodial handling and prompt delivery of two demand drafts tendered pursuant to the settlement and ordered that the impugned order shall stand substituted by the settlement terms; consequently, the appeal was closed in terms of the settlement. Case-Laws Companies Law Tue, 29 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784079