Dismissed
Axis Bank Ltd. v. Universal Energies Ltd.
Delhi HCCO.PET./3/2017
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from the order text
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HIGH COURT OF DELHI AT NEW DELHI + CO.PET.…
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AXIS BANK LTD
..... Petitioner
Through: Mr. Sanjay Bhatt and Mr. Abhishek Anand, Advocates
versus
UNIVERSAL ENERGIES LTD ..... Respondent Through: None.
CORAM: HON'BLE MR. JUSTICE SIDDHARTH MRIDUL O R D E R % 03.01.2017
In terms of the notification Regd. No.D.L.-33004/99 dated 07.12.2016, issued by the Ministry of Corporate Affairs and in particular, Clause 5 thereof, the present winding up petition under Sections 433(e), 433(f) and 434 of the Companies Act, 1956, stands transferred to the Principal Bench, National Company Law Tribunal, New Delhi (hereinafter referred to as ‘NCLT’).
In the first instance, list this matter before the Principal Bench, NCLT on 20th February 2017 for further proceedings, in accordance with law.
The Registry is directed to transmit the record of the present petition to the Principal Bench, NCLT, for further proceedings, in accordance with law.
SIDDHARTH MRIDUL, J
JANUARY 03, 2017 Aj
2 issues framed by the court
Whether the winding up petition involving Axis Bank Ltd and Universal Energies Ltd should be transferred to the Principal Bench of the NCLT.
Whether the respondent in a winding up petition should be required to appear for a transfer-related interlocutory order.
1 provisions across 1 enactments
Axis Bank Ltd
Universal Energies Ltd
Siddharth Mridul
As recorded by the court registry
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