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    <title>2026 (5) TMI 930 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>A challenge to removal from directorship and dilution of shareholding was held time-barred because the alleged acts dated back to 2012-2013, the company petition was filed in 2018, and the petitioner&#039;s own notice showed awareness of the removal and share allotment; the appellate forum also refused a fresh limitation-based challenge not raised below. The Tribunal&#039;s valuation directions were upheld because valuation by an independent registered valuer, on a specified date and with the acquisition of M/s Orvi Design Studio excluded for that limited purpose, disclosed no legal infirmity, especially where the appellant had not pursued available opportunities before the valuer or the Tribunal.</description>
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      <link>https://www.taxtmi.com/caselaws?id=791728</link>
      <description>A challenge to removal from directorship and dilution of shareholding was held time-barred because the alleged acts dated back to 2012-2013, the company petition was filed in 2018, and the petitioner&#039;s own notice showed awareness of the removal and share allotment; the appellate forum also refused a fresh limitation-based challenge not raised below. The Tribunal&#039;s valuation directions were upheld because valuation by an independent registered valuer, on a specified date and with the acquisition of M/s Orvi Design Studio excluded for that limited purpose, disclosed no legal infirmity, especially where the appellant had not pursued available opportunities before the valuer or the Tribunal.</description>
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