SC seeks response from govt regarding appointment of two directors on Morepen Labs' board

Seeking setting aside of the National Company Law Appellate Tribunal’s April 25 order that continued the erstwhile Company Law Board’s order July 2005 order appointing two government directors, Morepen said there was no longer any rationale in law or necessity for continuing the directions under the old law, "which is an extraordinary measure and cannot be applied mindlessly".

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