short) before the National Company Law Tribunal,
Hyderabad Bench ('NCLT', for short). The petition was filed for declaring
the Company as insolvent ... order, dated 01.11.2018, the NCLT
admitted the application, and declared a moratorium against all
proceedings towards the Company till the completion of Corporate
Insolvency Resolution
staying the operation of a direction
contained in the order of the NCLT.
16
(2020) 13 SCC 308
18
34. Briefly noted, during the pendency ... request was negatived by
the Government. The same is challenged before the NCLT, Chennai.
State objected to maintainability of such application in NCLT.
Overruling
disputes have
to be urged only before the National Company Law Tribunal (NCLT) and
civil suit is not maintainable. He placed reliance on Sections ... entertain any suit or proceeding in respect of any matter
which the NCLT or the National Company Appellate Tribunal is
empowered to determine
staying the operation of a direction
contained in the order of the NCLT.
16
(2020) 13 SCC 308
18
34. Briefly noted, during the pendency ... request was negatived by
the Government. The same is challenged before the NCLT, Chennai.
State objected to maintainability of such application in NCLT.
Overruling
Resolution Professional
Mr.Venkatesan Sankaranayanan, appointed by the
National Company Law Tribunal (NCLT) Vide order ... Resolution Professional
Mr.Venkatesan Sankaranayanan, appointed by the
National Company Law Tribunal (NCLT) Vide order
National Company
Law Tribunal, Hyderabad Bench (in short NCLT) under
section 9 of the code to initiate CIRP against the petitioner
company ... petitioner that it is only after
the 5th respondent filed proceedings before NCLT, the
petitioner became aware of the alleged claim being made
Insolvency Resolution Process (CIRP) initiated before the
National Company Law Tribunal ("NCLT" for short) and the
alleged mis-utilisation of the funds ... these facts were taken judicial note by the
NCLT, Hyderabad, in its order passed on 08-05-2018 in
various applications filed by the respondent
Civil Court and not before the Special Tribunal/Company Law
Board/NCLT (National Company Law Tribunal), Hyderabad. The
subject matter ... before the Company Law
Board/NCLT was an application under Sections 397 , 398 , 237
(Oppression, Mismanagement and Investigation etc.,) of the Companies
Act, 1956 , which
moratorium order passed by the National
Company Law Tribunal ('NCLT' for short) dated 19.07.2017 under
Section 14 of the Insolvency & Bankruptcy Code ... Corporate Insolvency Resolution Process.
Facts, to the extent necessary, are that the NCLT passed an
order, under Section 7 of the IBC on 19.07.2017, appointing
Petitioner No.1/appellant
No.1 approached National Company Law Tribunal ('NCLT') and
claimed certain reliefs which were similar to the reliefs claimed ... present Writ Petition, but the NCLT, did not grant any relief.
The NCLT passed order on 26.06.2020, which could have been
assailed by filing