NCLT orders directors to deposit ₹2.07 lakh, rejects summary recovery
In short
The NCLT told six directors to deposit ₹2.07 lakh in cash and pay 12% interest. It also said ₹12.61 lakh in receivables cannot be recovered in a summary way and needs separate proceedings.
This matters because it changes how much money must be paid now and what must go to a new case. The report does not say which company or directors are involved.
What the reporting says
The NCLT ordered six directors to deposit ₹2.07 lakh in cash with 12% interest, according to the publisher summary, after an unsupported denial of the recorded cash balance. It also rejected summary recovery of ₹12.61 lakh in receivables and said those claims need separate proceedings. The report does not identify the company, the directors, or the underlying transaction behind the order.
Why it matters
The NCLT is reported to have ordered six directors to deposit ₹2.07 lakh with 12% interest after an unsupported denial of the recorded cash balance. It also rejected summary recovery of ₹12.61 lakh in receivables, saying that claim must be pursued separately. The underlying company, parties, and dispute facts are not stated in the available reporting.