HC held incorporation of Company vitiated by fraud as Invalid

Mrs. Nagappan Swarnalatha Vs M/s. Colour Books Associates Private Limited (National Company Law Tribunal)

1) We hereby declared that the incorporation of M/s. Colour Books Associates Private Limited (Respondent No.1 Company, is vitiated by fraud and consequently, the Certificate of Incorporation dated 14^th May, 2018 issued by the Government of India, Ministry of Corporate Affairs, Central Registration Centre is declared as invalid with immediate effect;

2) The Respondent No.2 is directed to discharge all liabilities, if any, on behalf of the Respondent No.1 Company, done in the course of business of the

3) Other reliefs as prayed by the petitioner in the Petition are hereby rejected, by granting liberty to the petitioner to prosecute remedies available, in respect of other grievances as made in the instant petition, under the extant provisions of Companies Act, 2013 and the Rules made thereunder.

FULL TEXT OF ORDER OF  NATIONAL COMPANY LAW TRIBUNAL,

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