When a Company, registered under Section 8 of the Companies Act, 2013 and its affairs are being conducted in a manner prejudicial to the public interest, the Central Government is entitled to file an application under Section 241 – Major Atul Dev (Retd.) and Ors. Vs. Union of India and Ors. – NCLAT New Delhi

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A. What are the requisite conditions precedent for invoking provisions of Section 241(2) of the Companies Act, 2013? B. Section 241-242 application in case of Section 8 Companies

When a Company, registered under Section 8 of the Companies Act, 2013 and its affairs are being conducted in a manner prejudicial to the public interest, the Central Government is entitled to file an application under Section 241 – Major Atul Dev (Retd.) and Ors. Vs. Union of India and Ors. – NCLAT New Delhi Read Post »