Supreme Court Upholds Reopening of IL&FS Accounts: Hari Sankaran vs. Union of India (2019)

/ Companies Act, 2013, Companies Act, 2013 with Section 130, Companies Act, 2013 with Section 212, Companies Act, 2013 with Section 241, Indu Malhotra, Judges, M.R. Shah

Supreme Court Upholds Reopening of IL&FS Accounts: Hari Sankaran vs. Union of India (2019) LEGAL ISSUE: Whether the National Company Law Tribunal (NCLT) can order the reopening of a company’s accounts under Section 130 of the Companies Act, 2013, based on allegations of fraud or mismanagement. CASE TYPE: Corporate Law Case Name: Hari Sankaran vs. […]

Supreme Court Upholds Reopening of IL&FS Accounts: Hari Sankaran vs. Union of India (2019) Read Post »