Contribution to assets of Corporate Debtor directed as business carried with fraudulent intention

Gopal Kalra Vs Akhilesh Kumar Gupta (NCLAT Delhi) NCLAT Delhi held that direction of making contribution to the assets of Corporate Debtor upheld as person knowingly carried on the business of Corporate Debtor with intent to defraud creditors or for fraudulent purpose. Facts- M/s Easytech Global Private Limited (Corporate Debtor) is a company incorporated in India. The Appellant- Mr. Gopal Kalra is the erstwhile Director of the CD. After a detailed review and analysis of the records of CD for the review period and field visits, the forensic auditors concluded that several unjustified unexplain...