Co. having ‘inactive’ status on MCA portal had no locus standi to challenge appointment of a Technical member in NCLT: HC

COMPANY LAW : Where petitioner company had filed a writ petition challenging appointment of R2 as Technical Member of NCLAT, in view of fact that status of petitioner company was inactive as reflected in Ministry of Corporate Affairs portal and therefore, there was no entity by name India Awake for Transparency, by which name instant petition had been filed, thus, petitioner lacks locus to file instant petition and therefore, same was to be dismissedCOMPANY LAW : Where petitioner company had filed a writ petition challenging appointment of R2 as Technical Member of NCLAT, in view of fact that status of petitioner company was inactive as reflected in Ministry of Corporate Affairs portal and therefore, there was no entity by name India Awake for Transparency, by which name instant petition had been filed, thus, petitioner lacks locus to file instant petition and therefore, same was to be dismissedwww.taxmann.com Latest Case LawsRead More

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