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Mobilox Innovations Private Ltd vs Kirusa Software Private Ltd on 21 September, 2017

Presently, it is not in dispute that insofar as the said amount of Rs.22,56,833/-, the appellant have already deposited the same before the NCLT. Therefore, in the present circumstance we are of the opinion that the judgment dated 10.08.2020 is liable to be set aside and the matter is to be remitted to the NCLAT to undertake the said exercise to find out as to whether any amount more than Rs.22,56,833/- is due as claimed by the respondent herein and thereafter arrive at its conclusion in accordance with law. 3 C.A.3119 OF 2020 Needles to mention that on the said determination as indicated being done, the NCLAT will also keep in view the principles laid down in the case of Mobilox (supra) with regard to the pre-existing dispute or otherwise, insofar as the amount beyond the extent as has been indicated above.
Supreme Court of India Cites 40 - Cited by 272 - R F Nariman - Full Document
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