New details have come to come to light on the domain registrar Net 4 India's alleged questionable business practices by the company's chair and CEO Jasjit Sawhney. According to a National Company Law Tribunal (NCLT) order, Sawhney has been accused of leaving Net 4 India as a "dummy company" with no revenues, but with significant debt. The company is undergoing bankruptcy NCLT. On September 25, NCLT issued an order (uploaded several days later on its website) revealing fresh details about steps taken by the company before insolvency proceedings. Many Net 4 customers are currently facing major problems in renewing their domain names and other services from the company — domain names are website names like "medianama.com" sold by registrars like Net 4. The National Internet Exchange of India (NIXI) has made some provisions for the .in domain name, wherein it won't cancel those bought from Net 4, which are set to expire in 2020. However, this is just for .in domains. Thousands of other customers still have no clear way ahead, with some of their domain names expiring soon. Net 4 India was left to become a 'dummy company' The lawyer for the Resolution Professional (RP) assigned to the case indicated that, Sawhney, who lives in the United Kingdom now, left Net 4 India as "a dummy company" with no revenues, but with significant outstanding debt. Net 4 India's business was transferred to other companies run by Sawhney. However, Net 4 India retained its contracts with domain name registries, along with the registrants…
