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C.A. 48 of 2024 in Cont. Application 08 of 2022 by Aneesh Shahade is a document available to read on EtoBox.

What is C.A. 48 of 2024 in Cont. Application 08 of 2022 about?

The National Company Law Tribunal in Mumbai addressed a contempt application regarding share forfeiture by Aranca (Mumbai) Private Limited, where the petitioner seeks to stay the forfeiture until the correct number and value of shares are determined. The respondent argues that the current valuation is flawed and that the share value could significantly increase if a pending rights issue is resolved. The tribunal noted previous orders and valuations, emphasizing the need for accurate assessments before proce

Author

Aneesh Shahade

Language

EN