NCLAT CLARIFIES: NO PRIOR NOC FROM STOCK EXCHANGES REQUIRED FOR REVIVAL OF COMPANIES UNDER LIQUIDATION
This Article has been authored by Suman Kumar Jha (Founder & Managing Partner), Afnaan Siddiqui (Co-founder & Partner), Visakha Raghuram (Associate) and Ankit Abhishek Jha INTRODUCTION The Hon’ble National Company Law Tribunal (‘NCLAT’) has recently rendered a judgement in the matter of Nikhil Jain and Ors. v. Anil Goel (Liquidator) and Anr. wherein it has been held that the requirement of obtaining […]