Doris Smith
Student
3167 Callison Lane DE 19867 United States
25-Jul-2024
Status
0
points
points
0
ranks
ranks
91
views
views
0
posts
posts
0
followers
followers
About
Antrix petitioned the National Company Law Tribunal to dissolve Devas on the grounds that it was founded for "fraudulent purposes" a year ago. The NCLT found in favor of Antrix and ordered Devas to be liquidated. The verdict was contested before the NCLAT, which upheld the order of the NCLT. The case was then sent to the Supreme Court. In the beginning of this year, the supreme court affirmed the NCLAT's ruling and ordered the liquidation of Devas.
Newest posts
Top tags