Article
NCLAT Rules That Superseded Members Have No Right Of Participation In CoC Meetings
The National Company Law Appellate Tribunal, New Delhi Bench in Dheeraj Wadhawan v The Administrator, Dewan Housing Finance Corporation Ltd. held that ‘supersession of directors' under the Reserve Bank of India Act, 1934 is different from 'suspension of directors' under the Insolvency and Bankruptcy Code, 2016.

Khaitan & Co.
