Recently, the National Company Law Tribunal, New Delhi bench comprising of Shri. Dharminder Singh and Ms. Sumita Purkayastha in the matter of Argentium International Pvt. Ltd. Vs. UTM Engineering Pvt. Ltd. held tha Tribunal are not denuded of authority to pierce the ‘corporate veil’ to ascertain the real successful bidder. The Tribunal held that, the
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.
