Court Declares Share Transfer Void in Maharashtra Antibiotics Case: Failure to Prove Transaction's Benefit. High Court sets aside Company Law Board’s order, emphasizing compliance with winding-up provisions under Section 536(2) of the Companies Act.
4 Oct 2024The appellants challenged the order of the Company Law Board (CLB) that directed the transfer of 40,530 equity shares of Rs. 100 each from respondent ...
