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1 - 8 of 8 (0.52 seconds)Section 62 in The Companies Act, 1956 [Entire Act]
Section 61 in The Companies Act, 1956 [Entire Act]
Section 64 in The Companies Act, 1956 [Entire Act]
Section 420 in The Companies Act, 1956 [Entire Act]
Arcelormittal India Private Limited vs Satish Kumar Gupta on 4 October, 2018
5. The respondent has opposed the petition mainly
on the ground of maintainability of the petition as the
jurisdiction to decide such application lies only with
NCLT and NCALT. Learned Advocate relied upon decision of
the Apex Court in the case of Arcelormittal India Private
Limited Vs. Satish Kumar Gupta & Ors., reported in 2018
SCC Online, SC, 1733. It is submitted that the Court
should not interfere in the ongoing process of resolution
as the judgment of the Apex Court has held that the
resolution process has to follow strict time line
specified by the Apex Court and therefore, any
interference by this Court would obviously cause delay in
following this time line. During the course of
submissions, learned Advocate for the respondent produced
for perusal of this Court minutes of the first meeting of
COC held on 29.05.2019.
Section 424 in The Companies Act, 1956 [Entire Act]
Article 226 in Constitution of India [Constitution]
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