Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 12, Cited by 0]

Madras High Court

Haryana vs Union Of India on 21 November, 2024

Author: S.S.Sundar

Bench: S.S.Sundar

                                                                        W.P.Nos.34134 & 34137 of 2018

                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                               DATED : 21.11.2024

                                                    CORAM

                                       THE HON'BLE Mr. JUSTICE S.S.SUNDAR
                                                      AND
                                      THE HON'BLE Mr. JUSTICE P.DHANABAL


                                          W.P.Nos.34134 & 34137 of 2018
                                                      AND
                                             W.M.P.No.39668 of 2018


                Spicejet Limited
                Having its registered office at
                Indira Gandhi International Airport Terminal 1D
                New Delhi 110 037
                India
                And an office at
                319, Udyog Vihar
                Phase IV, Gurugram 122016
                Haryana, India                                      .. Petitioner in both WPs
                                                      Vs.

                1.Union of India
                Rep. by Secretary
                Ministry of Corporate Affairs
                'A' Wing, Shastri Bhawan
                Rajendra Prasad Road
                New Delhi 110 001

                2.National Company Law Tribunal (Chennai Bench)
                Rep. by its Registrar
                Corporate Bhavan, 3rd Floor
                26, Rajaji Salai
                Chennai 600 001
https://www.mhc.tn.gov.in/judis
                1/4
                                                                          W.P.Nos.34134 & 34137 of 2018

                3.Credit Suisee AG
                Having its office at
                Uetlibergstrasse 231 (C2)
                8045, Zurich
                Switzerland                                          .. Respondents in both WPs

                W.P.No.34134 of 2018 : Writ Petition filed under Article 226 of the
                Constitution of India for a writ of declaration declaring the 1st and 2nd provisos
                to Section 434(1)(C) of the Companies Act, 2013 as unconstitutional and void.


                W.P.No.34137 of 2018 : Writ Petition filed under Article 226 of the
                Constitution of India for a writ of declaration declaring the impugned Rule 5 of
                the Companies (Transfer of Pending Proceedings) Rules, 2016 as amended by
                the Companies (Transfer of Pending Proceedings) Second Amendment Rules,
                2017 and Rule 6 of the Companies (Transfer of Pending Proceedings) Rules,
                2016, notified by the Central Government exercising its powers under Section
                434(1), 434(2) and 470(1) of the Companies Act, 2013 (18 of 2013) to the
                effect of directing the winding up petitions filed and/or pending under Section
                433 and 434 of the Companies Act, 1956 to be transferred to the respective
                benches of the National Company Law Tribunal to be disposed of in terms of
                the provisions of the Insolvency and Bankruptcy Code of India 2016 (as
                amended) and Rules framed thereunder as ultra vires the legislative competence
                of the Parliament/repugnant to the existing provisions of the Section 433/434 of
                the Companies Act, 1956 as saved in terms of the saving provisions of Section
                465 of the Companies Act, 2013 and ultra vires the provisions of Articles 14,
                19(1)(g), 20, 21 and 323B of the Constitution of India.




https://www.mhc.tn.gov.in/judis
                2/4
                                                                           W.P.Nos.34134 & 34137 of 2018


                                  For Petitioner      : Mr.B.Balachander
                                  in both WPs
                                  For RR1 & 3         : No appearance
                                  in both WPs
                                  For R2              : Tribunal
                                  in both WPs


                                                COMMON ORDER

(Made by S.S.SUNDAR, J.) The learned counsel for the petitioner submits that the prayer in these writ petitions have become infructuous and he has also made endorsements in the respective case bundles to that effect.

2. Recording the above submission and endorsement made by the learned counsel for the petitioner, these writ petitions are dismissed as having become infructuous. No costs. Connected W.M.P. is closed.

[S.S.S.R.,J.] [P.D.B., J.] 21.11.2024 Internet : Yes Neutral Citation : Yes/No gya https://www.mhc.tn.gov.in/judis 3/4 W.P.Nos.34134 & 34137 of 2018 S.S.SUNDAR, J.

AND P.DHANABAL, J.

gya To

1.The Secretary Union of India\ Ministry of Corporate Affairs 'A' Wing, Shastri Bhawan Rajendra Prasad Road New Delhi 110 001

2.The Registrar National Company Law Tribunal (Chennai Bench) Corporate Bhavan, 3rd Floor 26, Rajaji Salai W.P.Nos.34134 & 34137 of 2018 Chennai 600 001 21.11.2024 https://www.mhc.tn.gov.in/judis 4/4