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NCLAT Tag

Non-Acceptance of “India Awake for Transparency”

The Delhi High Court dismissed the claims of "India Awake for Transparency" Company, appointing Shreesha Merla as a Member (Technical) of the National Company Law Appellate Tribunal (NCLAT). Chief Justice DN Patel and Justice Jyoti Singh of the Division Bench pronounced the assignment valid and the appointee qualified. . It stated that the petitioner firm, India Awake for Transparency, had its licence revoked under Section 8 of the Companies Act, 2013, despite its declaration to be a functioning company, and that the affidavit presented was fake. The Court has been further notified that the Petitioner Firm has a tendency of initiating similar sorts of...

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