Claim of Return of Stock from CD Without any Solid Documentary Evidence is invalid: NCLAT [Read Order]

By Yogitha S. Yogesh - On May 26, 2023 3:30 pm - 2 mins read
Claim of Return of Stock - Return of Stock from CD - Solid Documentary Evidence - NCLAT - taxscan

The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) has held that the claim return of stock from the Corporate Debtor (CD) without any solid documentary evidence is invalid. The Appellants Gurudeo Exports Corporation Private Limited (GECPL), Shree Kalka Global (SKG), Neon International Traders (NIT) and TLS Mercantile Pvt. Ltd. challenged the common…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  â‚č2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader