The High Court of Delhi disposed of an application under Section 151 CPC seeking transfer of a petition under Sections 391 and 394 of the Companies Act 1956 to the NCLT principal bench following a relevant notification.
Transfer of Co.Pet.840/2016 to Principal Bench, NCLT; date before this court cancelled; record transmitted.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
$~60
IN THE MATTER OF PARAMOUNT ORGANOCHEM PRIVATE LIMITED ..... Petitioner Through: Mr. Alok Kumar Kuchhal, Advocate.
CORAM: HON'BLE MR. JUSTICE SIDDHARTH MRIDUL O R D E R
% 03.03.2017
CO.APPL. 466/2017
The present application under Section 151 of the Code of Civil Procedure has been filed on behalf of the petitioner seeking transfer of the Co.Pet.840/2016 to National Company Law Tribunal (hereinafter referred to as ‘NCLT’).
For the reasons stated in the application and 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 3 thereof, the accompanying petition being Co.Pet.840/2016 under Sections 391 and 394 of the Companies Act 1956, stands transferred to the Principal Bench, NCLT.
The date fixed in the Co.Pet.840/2016 before this court, i.e., 17.03.2017 stands cancelled.
In the first instance, list this matter before the Principal Bench, NCLT on 11.04.2017 for further proceedings, in accordance with law.
The Registry is directed to transmit the record of the present petition to the Principal Bench, NCLT, forthwith.
The present application is disposed of accordingly.
SIDDHARTH MRIDUL, J
MARCH 03, 2017 mk
1 issue framed by the court
Whether to transfer the petition filed under Sections 391 and 394 of the Companies Act 1956 to the National Company Law Tribunal.
3 provisions across 3 enactments
PARAMOUNT ORGANOCHEM PRIVATE LIMITED
SIDDHARTH MRIDUL
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
