A petition under Section 245 of Companies Act 2013 by members (minimum 100 or 10% whichever is less) or depositors (minimum 100 or 10%) against the company, its directors, or auditors for fraudulent, unlawful, or wrongful acts causing loss.
Last updated: 17 May 2026
A petition under Section 245 of Companies Act 2013 by members (minimum 100 or 10% whichever is less) or depositors (minimum 100 or 10%) against the company, its directors, or auditors for fraudulent, unlawful, or wrongful acts causing loss.
Class Action Suit is significant under NCLT because A petition under Section 245 of Companies Act 2013 by members (minimum 100 or 10% whichever is less) or depositors (minimum 100 or 10%) against the company, its directors, or auditors for fraudulent, unlawful, or wrongful acts causing loss.
Class Action Suit under NCLT applies to companies, professionals, and individuals involved in NCLT-related compliance and regulatory matters in India. Specifically: A petition under Section 245 of Companies Act 2013 by members (minimum 100 or 10% whichever is less) or depositors (minimum 100 or 10%) against the co...