Companies Act: Observations Made In Order U/s 241/242 Relevant For Passing Order Of Reopening Of Accounts: SC [Read Judgment]

The Supreme Court has held that the observations made by the National Company Law Tribunal while passing order under Section 241/242 of the Companies Act can be said to be relevant observations for passing the order under Section 130 of the Companies Act. The bench comprising Justice Indu Malhotra and Justice MR Shah observed that the National Company Law Tribunal can pass an ...