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Can a Foreign Company Be Joined as a Respondent in an NCLT Oppression and Mismanagement Petition?
A foreign-incorporated entity can be joined as a respondent in an NCLT oppression and mismanagement petition, but usually only as a proper party, and NCLT's power to make substantive orders against it is limited. How the necessary/proper distinction, misjoinder and the territorial reach of Section 2
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IBBI
NCLT, India's IBC Courtroom: 18,971 Orders Across Sixteen Benches
Three out of every four IBC orders come from a single forum. Six NCLT benches handle 71% of the work. The bench geography of Indian insolvency.
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·3 min read