The State of Karnataka filed a writ petition challenging the order dated 11.12.2018 passed by the National Company Law Tribunal (NCLT), Chennai in MA No.632/2018 in company petition No.CP/39/IB/2018. The NCLT order had set aside the order passed by the Under Secretary to Government, Commerce & Industries Department (Mines), State of Karnataka, which rejected the deemed extension of mining lease No.ML 2293. The NCLT directed the respondents to execute Supplemental Deeds extending the period of Mining Lease up to 31.03.2020, in accordance with S.8A(6) of the Mines and Minerals (Development and Regulation) Act, 1957.
The State of Karnataka, through its Department of Commerce and Industries, challenged an order passed by the National Company Law Tribunal (NCLT), Chennai. The NCLT order pertained to MA No.632/2018 in company petition No.CP/39/IB/2018, which involved Tiffin's Barytes Asbestos and Paints Ltd., a company undergoing Corporate Insolvency Resolution Process (CIRP). The NCLT had set aside an order by the Under Secretary to the Government of Karnataka, which had rejected the deemed extension of mining lease No.ML 2293. The NCLT further directed the execution of Supplemental Deeds to extend the mining lease until 31.03.2020, as per S.8A(6) of the Mines and Minerals (Development and Regulation) Act, 1957. The State of Karnataka filed a writ petition against this NCLT order,
…Sign in to view the parties.
NCLT issued a notice to…
National Company Law Tribunal, Chennai passed…
Sign in to view related legal provisions.
The State of Karnataka filed a writ petition challenging the order dated 11.12.2018 passed by the National Company Law Tribunal (NCLT), Chennai in MA No.632/2018 in company petition No.CP/39/IB/2018. The NCLT order had set aside the order passed by the Under Secretary to Government, Commerce & Industries Department (Mines), State of Karnataka, which rejected the deemed extension of mining lease No.ML 2293. The NCLT directed the respondents to execute Supplemental Deeds extending the period of Mining Lease up to 31.03.2020, in accordance with S.8A(6) of the Mines and Minerals (Development and Regulation) Act, 1957.
The State of Karnataka, through its Department of Commerce and Industries, challenged an order passed by the National Company Law Tribunal (NCLT), Chennai. The NCLT order pertained to MA No.632/2018 in company petition No.CP/39/IB/2018, which involved Tiffin's Barytes Asbestos and Paints Ltd., a company undergoing Corporate Insolvency Resolution Process (CIRP). The NCLT had set aside an order by the Under Secretary to the Government of Karnataka, which had rejected the deemed extension of mining lease No.ML 2293. The NCLT further directed the execution of Supplemental Deeds to extend the mining lease until 31.03.2020, as per S.8A(6) of the Mines and Minerals (Development and Regulation) Act, 1957. The State of Karnataka filed a writ petition against this NCLT order,
…NCLT issued a notice to…
National Company Law Tribunal, Chennai passed…
Sign in to view related legal provisions.