http://103.153.58.85/ind/index.php?action=history&feed=atom&title=Company_Law%3A_IndiaCompany Law: India - Revision history2026-08-16T22:21:55ZRevision history for this page on the wikiMediaWiki 1.19.2http://103.153.58.85/ind/index.php?title=Company_Law:_India&diff=116938&oldid=prevJyoti at 15:12, 27 January 20222022-01-27T15:12:18Z<p></p>
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<td colspan='2' style="background-color: white; color:black;">Revision as of 15:12, 27 January 2022</td>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=NCLAT and NCLT=</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>=NCLAT and NCLT=</div></td></tr>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>'' NCLAT and NCLT: A brief explanation ''</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>'' NCLAT and NCLT: A brief explanation ''</div></td></tr>
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<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">=Winding up of companies=</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">==Cannot be stalled by CAs’ or auditors’ clean chit: SC==</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">[https://epaper.timesgroup.com/article-share?article=24_01_2022_001_024_cap_TOI  January 24, 2022: ''The Times of India'']</ins></div></td></tr>
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<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">New Delhi: In the recent Antrix-Devas judgment, the Supreme Court ruled that proceeding for winding up of a company on ground of perpetrations of a fraud can’t be stalled by shareholders by citing reports from CAs or auditors giving clean chit or reporting non-discovery of any fraud during the period in question, reports Dhananjay Mahapatra. </ins></div></td></tr>
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<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">The SC junked arguments of Devas and its shareholders that since the auditors’ reports of 2012, ’16, ’17 and ’20 had certified “no fraud on or by the firm has been noticed or reported”, the Antrix-Devas deal was terminated not on the ground of fraud. “The auditor’s report can neither be taken as gospel truth nor act as estoppel against the company,” the SC said.</ins></div></td></tr>
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=NCLAT and NCLT=<br />
==A brief explanation==<br />
[[File: NCLAT and NCLT, A brief explanation.jpg|NCLAT and NCLT: A brief explanation <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2019%2F12%2F19&entity=Ar02100&sk=EABAE83C&mode=text Dec 19, 2019 ''Times of India''] |frame|500px]]<br />
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'' NCLAT and NCLT: A brief explanation ''</div>Jyoti