Kolkata Bench has been challenged
before the National Company Law Administrative Tribunal (NCLAT).
Considering his submission, this Court feels that the orders passed ... NCLT and
the NCLAT are required to be considered. Mr. Majumdar submits that he may be granted
some time to produce the orders of NCLT
Rule 11 of the NCLT Rules, 2016 and Rule 11 of
the NCLAT Rules, 2016 vest the tribunal and the appellate tribunal respectively
8
with ... under that Part of the IBC may prefer an appeal to the
NCLAT. Therefore, the relief of the petitioner lay not in the suit
been accepted not only by the NCLT but also by the NCLAT. The
petitioner no.1 has further stated that the petitioner of complaint filed
appeal
against the present impugned order before the NCLAT. It is well-
settled that this court usually chooses to impose restriction on
itself in exercising
proceeding pending between the two parties of
National Company Law Appellate Tribunal (NCLAT) on the issue of
directorship and an order of status ... been passed by the said
NCLAT as regards the directorship of the petitioner no. 1.
Let the petitioners serve a copy of this application upon
pretext that it might have some adverse bearing on the NCLAT
proceeding initiated by them against the accused Company. Reliance is placed on
the decision