NCLT has no Jurisdiction to Decide Validity of the ’Gift Deed’: NCLAT [Read Order]

NCLAT - Gift Deed - Jurisdiction - NCLAT has no Jurisdiction - Validity of the Gift Deed - taxscan

The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) held that Nation Company Law Tribunal (NCLT) has no jurisdiction to decide validity of the `Gift Deed’. Satori Global Limited and Ujjwal Agarwal ,the appellant challenged the Impugned Order passed by the National Company Law Tribunal, Allahabad Bench, filed by the Petitioner Ms. Shailja…

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