Shefali Agarwal Loses NCLAT Appeal Against Stone Age

NCLAT dismissed Shefali Agarwal's appeal against NCLT Jaipur's order regarding oppression and mismanagement in Stone Age Pvt Ltd.
The Tribunal upheld that her 2018 petition was time-barred, as she was aware of her 2012 directorship removal and 2013 share dilution.
NCLAT affirmed the NCLT's buyout order, mandating an independent valuer to determine her share price as of 12.10.2023, excluding a recent acquisition.