S.S.Senterprises v. Spring Air Bedding Company[India]Ltd
Case brief
What is this about?
The High Court of Delhi transferred a winding up petition to the National Company Law Tribunal under Section 433(e) and 439 of the Companies Act, 1956, directing the registry to transmit the record forthwith for proceedings on March 6, 2017.
What did the court decide?
Transfer of winding up petition to NCLT and direction to transmit record forthwith for listing on March 6, 2017.
What the court decided
$~45
* IN THE HIGH COURT OF DELHI AT NEW DELHI
SPRING AIR BEDDING COMPANY [INDIA] LTD
Through: None.
CORAM:
HON'BLE MR. JUSTICE SIDDHARTH MRIDUL
O R D E R
% 06.02.2017
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) and 439 of the Companies Act 1956 read with Rule 95 of the Company (Court) Rules, 1959, 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 6th March , 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.
Issues for consideration
2 issues framed by the court
Whether the present winding up petition should be transferred to the National Company Law Tribunal.
Whether the record of the petition should be transmitted to the Principal Bench.
Parties & counsel
- petitioner
Spring Air Bedding Company (India) Ltd
- respondent
Respondent
Coram
Siddharth Mridul
Case details
As recorded by the court registry
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