The appeals were filed against orders dated 17.05.2021 and 04.08.2021 passed by the National Company Law Tribunal (NCLT), New Delhi. The NCLT found the appellants guilty of perjury and imposed a fine of Rs. 2 lakh on each. The NCLT also directed the Resolution Professional (RP) to initiate perjury proceedings against Mr. Ajay Vij. The core issue revolves around the conversion of a company into a Limited Liability Partnership (LLP) and allegations of providing incorrect information during the conversion process, specifically in Form No. 18 submitted to the Registrar of Companies (ROC).
1. The National Company Law Tribunal (NCLT) found the appellants guilty of perjury and imposed a fine of Rs. 2 lakh each, directing the RP to initiate perjury proceedings against Mr. Ajay Vij.
2. The appeals challenge the NCLT's orders dated 17.05.2021 and 04.08.2021.
3. The core issue is the conversion of a company into a Limited Liability Partnership (LLP) and allegations of incorrect information in Form No. 18 to the ROC.
4. An insolvency petition under Section 9 of the IBC was filed against the Corporate Debtor on 25.04.2018, and CIRP commenced on 14.03.2019.
5. Form No. 18, dated 03.11.2018, contained a declaration by Mr. Ajay Vij stating that no proceedings were pending against the company.
6. The NCLT concluded that the company intentionally converted into an LLP to
Sign in to view the parties.
An application under…
Ajay Vij filed a reply…
The appeals were filed against orders dated 17.05.2021 and 04.08.2021 passed by the National Company Law Tribunal (NCLT), New Delhi. The NCLT found the appellants guilty of perjury and imposed a fine of Rs. 2 lakh on each. The NCLT also directed the Resolution Professional (RP) to initiate perjury proceedings against Mr. Ajay Vij. The core issue revolves around the conversion of a company into a Limited Liability Partnership (LLP) and allegations of providing incorrect information during the conversion process, specifically in Form No. 18 submitted to the Registrar of Companies (ROC).
1. The National Company Law Tribunal (NCLT) found the appellants guilty of perjury and imposed a fine of Rs. 2 lakh each, directing the RP to initiate perjury proceedings against Mr. Ajay Vij.
2. The appeals challenge the NCLT's orders dated 17.05.2021 and 04.08.2021.
3. The core issue is the conversion of a company into a Limited Liability Partnership (LLP) and allegations of incorrect information in Form No. 18 to the ROC.
4. An insolvency petition under Section 9 of the IBC was filed against the Corporate Debtor on 25.04.2018, and CIRP commenced on 14.03.2019.
5. Form No. 18, dated 03.11.2018, contained a declaration by Mr. Ajay Vij stating that no proceedings were pending against the company.
6. The NCLT concluded that the company intentionally converted into an LLP to
An application under…
Ajay Vij filed a reply…