Allegation on Enhancement of Authorised Share Capital Belatedly ven after Non-Attending Board Meeting Despite Service of Notice is invalid: NCLAT [Read Order]

By Yogitha S. Yogesh - On August 23, 2023 9:00 am - 2 mins read
Allegation - Enhancement - Authorised- Share- Capital - Non-Attending -Board- Meeting- Despite- Service - Notice - invalid-NCLAT-TAXSCAN

The Chennai bench of the National Company Law Appellate Tribunal(NCLAT) has held that the allegation on the enhancement of authorised share capital belatedly even after non-attending board meetings despite service of notice is invalid. Radhakrishnan Babu Nirmala, the appellant challenged the Impugned order passed by the National Company Law Tribunal,  Kochi Bench on Appeal under…

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