2025 (4) TMI 2134

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....<br>NATIONAL COMPANY LAW APPELLATE TRIBUNAL, CHENNAI - AT (Judgement / Order / Decisions)<br>Dated:- 3-4-2025<br>Company Appeal (AT) (CH) No. 29/2025 (IA Nos. 466 & 467/2025) - -<br>Corporate Laws<br>[JUSTICE SHARAD KUMAR SHARMA] MEMBER (JUDICIAL) [JATINDRANATH SWAIN] MEMBER (TECHNICAL) For the Appellant : Ms. Alpa Jain, PCS For the Respondents : Mr. T K Bhaskar, Advocate For the Mr. Pawa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....learned counsel for the parties, we proceed to hear the appeal for its final determination. 3. Primarily, the Appellant while questioning the validity of the Impugned Order dated 02.12.2024, questions the propriety of the order as passed in IA(CA)/184(CHE)2023, as it was preferred in CP(CA)/03/CHE/2023. The consequential effect of the impugned order, has been the appointment of a Statutory Audi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ional Directors in the Company and their term expired on 31.12.2022 since no AGM was held thereafter and their appointments have not yet been regularized. 12. In terms of the provisions of Section 137 of the Companies Act, financials are to be filed before the Registrar, lest it will lead to penalty and disqualification and the Statutory Auditor is to be appointed for completing the finan....