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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
Karnataka High Court Dismisses Plea Challenging Antrixs Winding Up Proceedings Against Devas With Rs  Rs 5 Lakh Cost

Karnataka High Court Dismisses Plea Challenging Antrix's Winding Up Proceedings Against Devas With Rs Rs 5 Lakh Cost

The Karnataka High Court has dismissed a petition which sought to quash proceedings initiated by ISRO-arm Antrix Corporation before NCLT Bengaluru to the wind up Devas Multimedia Private Ltd.The High...

30 April 2021 12:55 PM GMT