The case involves a civil application in the High Court of Gujarat at Ahmedabad, concerning R/Special Civil Application No. 5042 of 2021, along with connected civil applications. The primary issue revolves around the pronouncement of a judgment by the National Company Law Tribunal (NCLT) in CP (IB) No. 249 of 2018, where the applicant contends that the NCLT did not notify the matter for pronouncement on the date the judgment was declared. The petitioner argues that this failure deprived them of the opportunity to request a stay of the order. The Bombay High Court had previously quashed a similar order and remanded the matter back to NCLT. The High Court is considering whether to issue directions to the NCLT to address the petitioner's grievance.
The key facts are as follows: A judgment was declared by the NCLT in CP (IB) No. 249 of 2018 on 27.7.2021. The applicant contends that the NCLT did not notify the matter for pronouncement on that date. The petitioner claims this failure deprived them of the opportunity to request a stay of the order. The petitioner received a copy of the order on 28.7.2021. The Bombay High Court had previously quashed a similar order and remanded the matter back to NCLT. The NCLT had already pronounced a decision on 1st March, 2021, in certain I.A.s related to the case, but the petitioners were allegedly unaware of this pronouncement. The learned members who pronounced the order on 1st March, 2021, have demitted the office. The matters were adjourned from time to time. The respondent
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The case involves a civil application in the High Court of Gujarat at Ahmedabad, concerning R/Special Civil Application No. 5042 of 2021, along with connected civil applications. The primary issue revolves around the pronouncement of a judgment by the National Company Law Tribunal (NCLT) in CP (IB) No. 249 of 2018, where the applicant contends that the NCLT did not notify the matter for pronouncement on the date the judgment was declared. The petitioner argues that this failure deprived them of the opportunity to request a stay of the order. The Bombay High Court had previously quashed a similar order and remanded the matter back to NCLT. The High Court is considering whether to issue directions to the NCLT to address the petitioner's grievance.
The key facts are as follows: A judgment was declared by the NCLT in CP (IB) No. 249 of 2018 on 27.7.2021. The applicant contends that the NCLT did not notify the matter for pronouncement on that date. The petitioner claims this failure deprived them of the opportunity to request a stay of the order. The petitioner received a copy of the order on 28.7.2021. The Bombay High Court had previously quashed a similar order and remanded the matter back to NCLT. The NCLT had already pronounced a decision on 1st March, 2021, in certain I.A.s related to the case, but the petitioners were allegedly unaware of this pronouncement. The learned members who pronounced the order on 1st March, 2021, have demitted the office. The matters were adjourned from time to time. The respondent
…The respondent no.5-National Company Law…
The decision was already pronounced on 1st…
Sign in to view related legal provisions.