Non-disclosure of allotment of equity shares of Respondent ...

Company Directors Dispute Over Undisclosed Share Allotment Leads to Winding Up Due to Lack of Records and Assets.

July 23, 2020

Case Laws Companies Law AT

Non-disclosure of allotment of equity shares of Respondent company - Dispute between the Directors - The allotment of shares has been done without getting it approved in any Board Meeting - In the absence of any record available to be produced by either of the parties and non-existence of the assets of the company, it will be futile exercise to make any order except winding up of the company in the circumstances.

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Non-disclosure of allotment of equity shares of Respondent ...

Company Directors Dispute Over Undisclosed Share Allotment Leads to Winding Up Due to Lack of Records and Assets.

July 23, 2020

Case Laws Companies Law AT

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