The appellant, Akhilesh Kulshrestha, filed an appeal against the order dated 29.1.2020 passed by the National Company Law Tribunal (NCLT), New Delhi, which dismissed his insolvency petition. The appellant was initially appointed as CFO of the corporate debtor, Saab India Technologies Pvt. Ltd., on 10.3.2014, and later as an Additional Director in March 2015. Subsequently, he was appointed as a Whole Time Director (WTD) on 28.9.2015, ratified on 29.9.2015. His services as CFO were terminated on 20.3.2019. The appellant filed a Writ Petition WP(C) No. 4407/2019 in the Delhi High Court, fearing removal from the position of WTD, which was dismissed as premature. The appellant claimed he continued to work as WTD until 20.5.2019 but was not paid remuneration for the period
…Akhilesh Kulshrestha was appointed as CFO of Saab India Technologies Pvt. Ltd. on 10.3.2014 and later as an Additional Director in March 2015. He was subsequently appointed as a Whole Time Director (WTD) on 28.9.2015, ratified on 29.9.2015. His services as CFO were terminated on 20.3.2019. Kulshrestha filed a Writ Petition WP(C) No. 4407/2019 in the Delhi High Court fearing removal from the WTD position, which was dismissed as premature because the company's counsel admitted he was still a director. Kulshrestha claimed he continued as WTD until 20.5.2019 but was not paid for the period 1.4.2019 to 20.5.2019. The corporate debtor filed Form MR-1 showing Kulshrestha as WTD with a fixed remuneration. The NCLT dismissed Kulshrestha's insolvency petition, leading to the
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Akhilesh Kulshrestha was appointed as Chief…
Akhilesh Kulshrestha was appointed as an…
The appellant, Akhilesh Kulshrestha, filed an appeal against the order dated 29.1.2020 passed by the National Company Law Tribunal (NCLT), New Delhi, which dismissed his insolvency petition. The appellant was initially appointed as CFO of the corporate debtor, Saab India Technologies Pvt. Ltd., on 10.3.2014, and later as an Additional Director in March 2015. Subsequently, he was appointed as a Whole Time Director (WTD) on 28.9.2015, ratified on 29.9.2015. His services as CFO were terminated on 20.3.2019. The appellant filed a Writ Petition WP(C) No. 4407/2019 in the Delhi High Court, fearing removal from the position of WTD, which was dismissed as premature. The appellant claimed he continued to work as WTD until 20.5.2019 but was not paid remuneration for the period
…Akhilesh Kulshrestha was appointed as CFO of Saab India Technologies Pvt. Ltd. on 10.3.2014 and later as an Additional Director in March 2015. He was subsequently appointed as a Whole Time Director (WTD) on 28.9.2015, ratified on 29.9.2015. His services as CFO were terminated on 20.3.2019. Kulshrestha filed a Writ Petition WP(C) No. 4407/2019 in the Delhi High Court fearing removal from the WTD position, which was dismissed as premature because the company's counsel admitted he was still a director. Kulshrestha claimed he continued as WTD until 20.5.2019 but was not paid for the period 1.4.2019 to 20.5.2019. The corporate debtor filed Form MR-1 showing Kulshrestha as WTD with a fixed remuneration. The NCLT dismissed Kulshrestha's insolvency petition, leading to the
…Akhilesh Kulshrestha was appointed as Chief…
Akhilesh Kulshrestha was appointed as an…