Culver Max Entertainment Pvt. Ltd. Formerly Known as Sony Pictures Networks India Pvt. Ltd. v. National Company Law Tribunal, Kolkata and Anr.
Case brief
What is this about?
The Calcutta High Court directed the National Company Law Tribunal to mandatorily dispose of two interim applications by May 23, 2022, to remedy a history of excessive adjournments causing loss to the petitioner.
What did the court decide?
Direction to NCLT to dispose of IA IBC 841/2020 and 1288/2020 by May 23, 2022, or on a daily basis thereafter within 7 days.