NCLT directs Promoter to Refund 7.78 cr for Outstanding Dues from HUF Firm revealed in Forensic Audit

Refund 7.78 Crores for Outstanding Dues - 7.78 Crores for Outstanding Dues from HUF Firm - Outstanding Dues from HUF Firm revealed in Forensic Audit - HUF Firm revealed in Forensic Audit - TAXSCAN

The National Company Law Tribunal (NCLT) Ahmedabad has directed the promoter of Corporate Debtor to refund Rs.  7.78 Crores in lieu of pending dues from HUF firm on the basis of forensic audit. An application was filed by the Resolution Professional (RP) of Sysco Industries Ltd. (Corporate Debtor) seeking inter alia, a direction to the…

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