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NCLAT Dismisses Deposit Claim Because Money Was Credited to Separate Entity
Case Law Details
- Case Name
- K.M. Abdulla Vs Kerala Chamber of Commerce & Industry (NCLAT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
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K.M. Abdulla Vs Kerala Chamber of Commerce & Industry (NCLAT Chennai)
NCLAT Dismisses Deposit Claim Because Money Was Credited to a Separate Entity; NCLAT Rejects Section 73 Petition Because Deposit Was Not Shown in Company’s Accounts; NCLAT Upholds Rejection of Deposit Claim Because Burden of Proof Was Not Discharged; Appeal Becomes Infructuous Because Respondent Entered CIRP.
The appeal was filed before the National Company Law Appellate Tribunal (NCLAT) under Section 421 of the Companies Act, 2013, challenging the order of the National Company Law Tribunal (NCLT),...
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