NCLT Kochi allows substitution of Administrator with Managing Director for Bhagyodayam Company in pending proceedings.
Tribunal rejects respondent's objection based on pending RoC representation regarding director disqualifications.
Newly elected Board took charge on 08.04.2024 after Administrator was discharged on 28.05.2024.
Application filed under NCLT Rules 11 & 32 seeking formal representation change in ongoing case.