Case Law Details
Case Name : Marathon Nextgen Townships Pvt Ltd Vs Regional Director (NCLAT)
Related Assessment Year :
Courts :
NCLAT
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Marathon Nextgen Townships Pvt Ltd Vs Regional Director (NCLAT)
Introduction: In the legal landscape of corporate restructuring, the case of Marathon Nextgen Townships Pvt Ltd vs. Regional Director stands as a significant precedent. The National Company Law Appellate Tribunal (NCLAT) clarified the National Company Law Tribunal’s (NCLT) supervisory role when statutory requirements of an amalgamation scheme are satisfied.
Background and Appeal: The case began when the appellants, Marathon Nextgen Townships Pvt Ltd (Appel
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