In Devas Multimedia Private Ltd. vs. Antrix Corporation Ltd. (2022 SCC OnLine SC 46), an order of winding up was passed by the National Company Law Tribunal (NCLT) and confirmed by the National Company Law Appellate Tribunal (NCLAT). The company in liquidation, Devas Multimedia then filed a civil appeal before the Supreme Court and the judgment in such Civil Appeal is being considered in this case study.
