The Company Law Board (CLB) on Wednesday set the next hearing in the Financial Technologies’ Board supersession matter for January 29, while allowing all parties concerned to file their responses and re-joinders to the matter.
This was the first occasion that the CLB heard the FTIL Board removal matter post the Madras High Court giving this quasi-judicial body three months time to complete hearing by March 11 this year.
In December 2015, the Madras High Court had set March 11 deadline (three months window) to complete hearing on the matter. The CLB was earlier required to complete hearing in the FTIL case by December 11.
It may be recalled that the CLB had on December 7 last year adjourned to January 13 hearing on the MCA’s petition to supersede the Board of FTIL.
The Corporate Affairs Ministry (MCA) had on February 25 last year moved the CLB to supersede the FTIL Board.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 15,000 Members, Free/Easy/Comfortableway
This was the first occasion that the CLB heard the FTIL Board removal matter post the Madras High Court giving this quasi-judicial body three months time to complete hearing by March 11 this year.
In December 2015, the Madras High Court had set March 11 deadline (three months window) to complete hearing on the matter. The CLB was earlier required to complete hearing in the FTIL case by December 11.
It may be recalled that the CLB had on December 7 last year adjourned to January 13 hearing on the MCA’s petition to supersede the Board of FTIL.
The Corporate Affairs Ministry (MCA) had on February 25 last year moved the CLB to supersede the FTIL Board.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 15,000 Members, Free/Easy/Comfortableway
