NCLT declines to reinstate Juliet Apparels founder Trevadia, orders extra board seat for family faction
The National Company Law Tribunal refused to restore Gunvant Trevadia as director of women's innerwear brand Juliet Apparels but treated the company as a quasi-partnership, directing an additional board seat for the ousted family faction. The 40-page order also addressed a disputed 747,000-share holding.
NCLT refused to reinstate Juliet Apparels founder Gunvant Trevadia as director but treated the women's innerwear brand's owner as a quasi-partnership, directing an added board seat for the ousted family faction.