This is a transfer petition regarding the transfer of Company Petition (CP-92(ND)2021) filed by The Hamlin Trust & Ors. against Rattan India Finance Private Limited & Ors. The applicant sought the transfer of CP-92/2021 from Bench-IV to Bench-III of the NCLT, Delhi. Another company petition, CP-76(ND)/2021, filed by LSF 10 Rose Investments S.a.r.l against Rattan India Finance Private Limited & Others, is already pending before Bench-III.
The Hamlin Trust & Ors. filed Company Petition CP-92(ND)2021 against Rattan India Finance Private Limited & Ors. This petition was initially listed before Bench-VI of the NCLT, Delhi. The applicant sought to transfer CP-92/2021 from Bench-IV to Bench-III of the NCLT, Delhi. LSF 10 Rose Investments S.a.r.l had already filed Company Petition CP-76(ND)/2021 against Rattan India Finance Private Limited & Others, which was pending before Bench-III. Both petitions were filed under Sections 241-242 of the Companies Act, 2013, concerning oppression and mismanagement. The applicant argued that hearing both petitions before the same bench would ensure effective adjudication of the issues.
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This is a transfer petition regarding the transfer of Company Petition (CP-92(ND)2021) filed by The Hamlin Trust & Ors. against Rattan India Finance Private Limited & Ors. The applicant sought the transfer of CP-92/2021 from Bench-IV to Bench-III of the NCLT, Delhi. Another company petition, CP-76(ND)/2021, filed by LSF 10 Rose Investments S.a.r.l against Rattan India Finance Private Limited & Others, is already pending before Bench-III.
The Hamlin Trust & Ors. filed Company Petition CP-92(ND)2021 against Rattan India Finance Private Limited & Ors. This petition was initially listed before Bench-VI of the NCLT, Delhi. The applicant sought to transfer CP-92/2021 from Bench-IV to Bench-III of the NCLT, Delhi. LSF 10 Rose Investments S.a.r.l had already filed Company Petition CP-76(ND)/2021 against Rattan India Finance Private Limited & Others, which was pending before Bench-III. Both petitions were filed under Sections 241-242 of the Companies Act, 2013, concerning oppression and mismanagement. The applicant argued that hearing both petitions before the same bench would ensure effective adjudication of the issues.
Order delivere…
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