25.Ministry of Corporate Affairs authorised ISRO’s arm Antrix to move petition before which organisation, to wind up Devas?

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Dileep Vishwakarma

2 years ago

Antrix had sought winding up of Devas before the National Company Law Tribunal alleging that Devas was formed for a fraudulent and unlawful purpose and its affairs had been conducted in a fraudulent manner. In 2021, a Provisional Liquidator was appointed by the NCLT and NCLT had allowed winding up of Devas.

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