NCLAT upholds NCLT order directing Linkson International's ex-directors to contribute ₹4.37 crore for siphoning funds via fraudulent property transactions.
Forensic audit revealed property overvaluation, round-tripping of bank loans to related parties, and fictitious cash expenses of ₹1.03 crore.
Tribunal found ex-directors failed to provide documents and contest proceedings properly, making forensic report credible evidence of fraud.