proceedings recorded on 05.09.2017 on the contempt application
by NCLT (pages 106-107 of the paper book of the first writ petition)
that besides ... quoted above was that the power to punish for contempt conferred
upon NCLT by Section 425 of Companies Act, 2013 cannot be
exercised till rules
maintainability of the Contempt Petition in this
Court to punish for contempt of an order passed by the NCLT under
the IBC. In effect ... Contempt but argued further that this
Court will have parallel power to punish for contempt along wtih the
NCLT or NCLAT since the IBC does
order and undertaking of the petitioners
dated 27.02.2024 and the contempt proceedings in Contempt
Petition No.6/2024 dated 18.04.2024 as well ... petitioners would
necessarily have to be adjudicated upon by the NCLT while
deciding the contempt petition and C.A.No.72/2024
order and undertaking of the petitioners
dated 27.02.2024 and the contempt proceedings in Contempt
Petition No.6/2024 dated 18.04.2024 as well ... petitioners would
necessarily have to be adjudicated upon by the NCLT while
deciding the contempt petition and C.A.No.72/2024
proceedings before the National Company Law Tribunal („NCLT‟) and
contempt proceedings in different jurisdictions, could not have been
FAO(OS) 8/2020 Page ... proceedings, the
proceedings before the NCLT and the contempt proceedings should not
continue as these very Plaintiffs/Appellants are seeking enforcement of
earlier orders
event of cognizance
eventually being taken of contempt under the Contempt of Courts Act , the
NCLT will be within its jurisdiction and power to enforce ... followed
by NCLT for exercise of power to punish for contempt, the NCLT is to
follow the general rules. The statute and the rules
impugned order dated 06.10.2021 the NCLT has issued notice of contempt to
the Appellant No. 1 -Company and its officers i.e. Appellant ... NCLT thereby denuding the NCLT from any jurisdiction in
the matter. It is settled law that the power to punish for its own contempt
Page 14 of 34
has been adjudicated, the NCLT has correctly dismissed the
Contempt Application and also the Refund Application.
15. We now look ... agree with the NCLT when it holds that once
the Execution Application has been considered and decided by the
NCLT, the Contempt Application
second prayer made in the petition filed before the NCLT
in Contempt Application No.3/ND/2021.
When the Appeal was taken ... finally contempt petition was
disposed without initiating contempt. The present Appeal has been filed only
against the order dated 07.03.2022 passed by NCLT which
second prayer made in the petition filed before the NCLT
in Contempt Application No.3/ND/2021.
When the Appeal was taken ... finally contempt petition was
disposed without initiating contempt. The present Appeal has been filed only
against the order dated 07.03.2022 passed by NCLT which
