The petitioner sought transfer of the petition to the NCLT due to the appointment of an IRP. The court allowed the request and ordered transfer to the NCLT, Principal Bench, New Delhi, under Section 434 of the Companies Act, 2013.
Transfer of the matter to the NCLT, Principal Bench, New Delhi.
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$~CP-39
versus
ENERGO ENGINEERING PROJECTS LIMITED..... Respondent Through
CORAM: HON'BLE MR. JUSTICE JAYANT NATH O R D E R % 12.12.2018
The learned counsel for the petitioner states that as NCLT has already appointed an IRP against the respondent company, it would be in the interest of justice that this court may transfer the present petition to NCLT.
The request of the petitioner is allowed. In exercise of powers under section 434 of the Companies Act, 2013, this matter be transferred to NCLT, Principal Bench New Delhi.
The matter stands transferred to the NCLT.
JAYANT NATH, J.
DECEMBER 12, 2018/v
2 issues framed by the court
Whether the petition should be transferred to the NCLT given its appointment of an IRP.
Whether this court has the power to transfer the matter to the NCLT under Section 434.
1 provisions across 1 enactments
RAMNATH IRON & STEEL INDUSTRIES
ENERGO ENGINEERING PROJECTS LIMITED
JAYANT NATH
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
