The National Company Law Tribunal (NCLT), Chennai Bench, comprising of Shri Sanjiv Jain (Judicial Member) and Shri Ravichandran Ramasamy (Technical Member), while invoking its powers under Rule 11.
The Chennai bench of the NCLAT has dismissed an appeal by Hewlett Packard Enterprise India Private Limited (HPE India) challenging a ₹10 lakh compounding fee imposed for non-compliance with Section 185, Companies Act.
A Book titled, ‘Corporate Insolvency Resolution Process and Liquidation under the Insolvency and Bankruptcy Code, 2016’, authored by Justice L. Nageswara Rao, Former Judge, Supreme Court of India.