The National Company Law Tribunal (NCLT) ) will observe a half-day on January 22, the day of the Pran Pratishtha (inauguration) of the Ram Mandir at Ayodhya.
BharatPe said that Grover's shareholding in the company is merely 0.00013% and a Section 241 Companies Act petition can be filed only by a member who held at least 10% shares.
The NCLT Ahmedabad recently clarified that contributions due from a company to the Employees State Insurance Corporation (ESIC) do not fall under the category of “workers dues” under the IBC.
BCCI filed the plea before the NCLT at Bengaluru after Byju's reportedly failed to pay the amount due to BCCI under a sponsorship contract for the Indian cricket team.
A bench of Chief Justice of India DY Chandrachud, Justices JB Pardiwala and Manoj Misra pointed out that there may be a larger problem within the NCLAT as well NCLT, suggesting that they had deteriorated significantly.