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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  

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