NCLT Mumbai Bench issues bailable arrest warrant to Suspended Board of Directors on willfully disobeyed and did not appear before NCLT – Bank of India Vs. Nimit Steel & Alloys Pvt. Ltd. – NCLT Mumbai Bench
Despite direction given to the respondents to be present before this bench on 29.04.2022 in the presence of their counsels for passing appropriate order in contempt petition, the respondents willfully disobeyed and did not appear before NCLT bench. As it is not possible to pronounce the order in the absence of the Suspended Board of Directors, the Adjudicating Authority issued bailable arrest warrant to the Suspended Board of Directors to be executed through the Assistant Commissioner of Police, Ghatkopar West.
