part of the members and the conduct must be burdensome, harsh
and wrongful and not mere lack of confidence.
65. Reliance has also been placed ... wherein the Hon'ble
Supreme Court held that mere illegal termination of Directors cannot
bring his grievance as to termination to winding
appellant management of
the company. Appellants further stated that it is wrong that the affairs of the
company are being conducted in such manner which ... mentioned in the said reports itself.
Appellants further stated that the termination of the services of the 1st and
10th respondent for anti-company activities
arbitration proceedings.
According to the learned Counsel, this observation of NCLT was wrong
because the Deed of authorization & Declaration of 'No Interest ... Company in its meeting dated 2nd September, 2010
ratifying the termination of the Deed of Novation. It has been argued that
the Petition was rightly
Cads Software India Pvt. Ltd. & Anr vs K. K. Jagdish & Ors on 7
Maif Investments India Pte Ltd vs Ind-Barath Power Infra Limited & Ors on 28
Edelweiss Asset Reconstruction Co. Ltd vs Orissa Manganese And Minerals Ltd. & Ors on 23
notice by the Appellant to Respondent under wrong legal advice tendered by
her counsel wrongly treating the debt as 'operational debt'. Same ... parties
but without deliberating upon the facts and circumstances leading to
termination of the agreement and issuance of balance confirmation on 1st
April
been filed under Rule 11 of the
NCLT Rules, 2016 seeking termination of CP No.IB-
179/ND/19 in view of the settlement between ... Appellant for the Corporate Debtor raising grounds that
the Adjudicating Authority wrongly observed in the Second Impugned
Order that COC is already constituted without noticing
S. Gopakumar Nair & Anr vs Obo Bettermann India Pvt. Ltd. & Anr on 9
Dilip Singh Sisodiya vs Ramchandra D. Choudhary on 13 December, 2019
NATIONAL COMPANY LAW APPELLATE
