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If Fraudulent Affairs Of Company Are Continuing, Right To Seek Winding Up Becomes Recurring : Supreme Court In Antrix-Devas Case

If Fraudulent Affairs Of Company Are Continuing, Right To Seek Winding Up Becomes Recurring : Supreme Court In Antrix-Devas Case

'The main departure of the Companies Act, 2013 from statutory regime of the Companies Act, 1956 is specific inclusion of fraud 'directly' as a circumstance in which a Company could be wound up'

18 Jan 2022 6:25 AM GMT
Incorporated With Fraudulent Motive, Invoking Arbitration Against Antrix Not Bona Fide :  NCLT Orders Winding Up Of Devas Multimedia

'Incorporated With Fraudulent Motive, Invoking Arbitration Against Antrix Not Bona Fide' : NCLT Orders Winding Up Of Devas Multimedia

The National Company Law Tribunal, Bengaluru bench, has ordered the forcible liquidation and winding up of Devas Multimedia by allowing a petition filed Indian Space Research Organization's commercial ...

27 May 2021 6:33 AM GMT