NCLT’s powers to rectify register of members restricted in case of breach of securities laws
– Sharon Pinto, Manager | sharon@vinodkothari.com Introduction A recent judgment by the Supreme Court in Ifb Agro Industries Limited vs Sicgil India Limited, has put to rest the concerns regarding rectificatory jurisdiction of NCLT u/s 59 of Companies Act, 2013 (section 111A of the erstwhile Companies Act, 1956). The ruling has shed light on the […]