The Commercial extension of Indian Space and Research Organization, Antrix, filed a Petition in the National Company Law Tribunal (hereinafter referred to as ‘NCLT’), Bangaluru, seeking winding up of Devas Multimedia under Sections 271 and 272 of the Companies Act, 2013. Solicitor General Tushar Mehta and ASG N. Venkataraman appearing for Antrix, the Tribunal entered prima facie finding that Devas "resorted to various frauds, misfeasance, connivance with officials in obtaining contract dated 28.01.2005 from Antrix". The said Petition was admitted by the NCLT on 19th January 2021. Reddy and Reddy law firm Pune comprises of a team of advocates who have successfully taken up several cases at the NCLT and deals into matters specifically related to Company laws.
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