Statco Infra Projects Pvt. Ltd. v. M/S.Narendra Properties Ltd.
Case brief
What is this about?
Two CRPs filed under Article 227 seeking to set aside an NCLT order were dismissed. The court held that an efficacious alternative remedy exists at the NCLAT, rendering petitions unnecessary in this court. The matter was not gone into on merits.
What the court decided
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED:02.09.2021
CORAM :
THE HON'BLE MR.SANJIB BANERJEE, CHIEF JUSTICE
AND
THE HON'BLE MR.JUSTICE P.D.AUDIKESAVALU C.R.P.NOS.162 AND 545 OF 2020 AND C.M.P.NOS.909 AND 2813 OF 2020
Statco Infra Projects Private Limited No.4/4, Ground Floor, Justice Ramanujam Street, Malavya Avenue, Chennai 600 041. .. Petitioner in CRP.162/2020
Hema M.Sheth (Cause title accepted vide court order dt.29.01.2020 made in CMP.1575/2020 in CRP SR.10385 of 2020) .. Petitioner in CRP.545/2020
Vs.
M/s.Narendra Properties Ltd. Reg. Office at Makanji House, 2nd Floor, New No.49, Barnaby Road, Kilpauk, Chennai 600 010. .. Respondent in both CRPs.
Prayer: Petitions filed under Article 227 of the Constitution of India to set aside the impugned order dated 10.01.2020 passed in CP/354/IB/2018 by the National Company Law Tribunal, Division Bench-I, Chennai.
Issues for consideration
1 issue framed by the court
Whether petitions filed under Article 227 against NCLT orders should be pursued when an efficacious alternative remedy is available at NCLAT.
Parties & counsel
- petitioner
Statco Infra Projects Private Limited
- petitioner
Hema M. Sheth
- respondent
M/s. Narendra Properties Ltd.
Coram
Case details
As recorded by the court registry
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