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Kerala HC Questions NCLT’s Power to Impose ₹1 Lakh Per Day for Non-Compliance
Case Law Details
- Case Name
- Gramox Paper & Boards Pvt. Ltd. Vs NCLT (Kerala High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Kerala High Court
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Gramox Paper & Boards Pvt. Ltd. Vs NCLT (Kerala High Court)
The Kerala High Court considered a writ petition challenging an order dated 20.02.2026 passed by the National Company Law Tribunal (NCLT), Kochi Bench. The petitioner primarily challenged the portion of the NCLT’s order imposing a liability of ₹1,00,000 per day in the event of non-compliance with an earlier direction. The petitioner also contended that it was unable to challenge the order before the appellate tribunal due to the bar contained in Section 421(2) of the Companies Act, 2013 relating to consent orders.
The disp...







