Supreme Court Upholds the Constitutionality of Life Sentences Without Remission Until Natural Death  ||  Supreme Court: Service Benefits Can't be Refused Due to Missing ACRs Not Attributable to Employees  ||  Supreme Court: Courts May Grant Lesser Relief under Order VII Rule 7 CPC, But Not a Different Claim  ||  Supreme Court Dismisses Lokpal's Plea Against Delhi HC Order Quashing Probe into Defence Secretary  ||  SC Grants Bail to Two UAPA Accused, Citing 12-Year Incarceration and Violation of Article 21  ||  Madras High Court: Seeking Divorce over Wife's Accidental Hip Injury is Inhumane  ||  Kerala High Court Directs Stronger Audit and Financial Oversight in Guruvayur Devaswom  ||  Madras High Court Directs State and Judiciary to Expedite Rape and POCSO Trials  ||  Karnataka HC Upholds RTO's Power to Cancel Registration Secured by False Documents  ||  Karnataka HC: Bengaluru-Mysuru Corridor Could be Biggest Scam, Farmers Deprived of Land    

NCLT Kochi: Fraud Has No Time Limit and Directors Cannot Use Delay As a Defense - (07 Jan 2026)

INSOLVENCY

NCLT Kochi held that allegations of fraud or wrongful trading are not limited by time, and directors cannot evade liability by claiming the conduct occurred long ago, directing the suspended directors of a Kochi-based insolvent company to jointly contribute Rs 11.95 crore to its assets.

Tags : FRAUD   DIRECTORS   DEFENSE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved