Kunal Structure (India) Pvt. Ltd. filed an appeal against the order dated 12.07.2024 passed by the Adjudicating Authority (National Company Law Tribunal) New Delhi, Principal Bench. The order rejected the Appellant's application to transfer CP (IB) No. 121 of 2022 filed under Section 9 from Court-1 to Court-2 of NCLT Ahmedabad. The Principal Bench observed that each case has a separate and individual cause of action against the common Corporate Debtor. The Appellant argued that the Corporate Debtor has a common defense in the applications and there is a multiplicity of proceedings unless the application under Section 9 is transferred. The court dismissed the appeal, finding no error in the order of the Principal Bench.

Kunal Structure (India) Pvt. Ltd. filed an appeal against the order dated 12.07.2024 passed by the Adjudicating Authority (National Company Law Tribunal) New Delhi, Principal Bench. The order rejected the Appellant's application to transfer CP (IB) No. 121 of 2022 filed under Section 9 from Court-1 to Court-2 of NCLT Ahmedabad. The Principal Bench observed that each case has a separate and individual cause of action against the common Corporate Debtor. The Appellant argued that the Corporate Debtor has a common defense in the applications and there is a multiplicity of proceedings unless the application under Section 9 is transferred. The court dismissed the appeal, finding no error in the order of the Principal Bench.