Section 430 of Companies Act bars parallel civil suit when forgery matter is pending before NCLT/NCLAT

Karyan Global LLP Vs Vivek Kumar Mishra And Ors (Delhi High Court) Delhi High Court held that where controversy is anchored in company’s affairs and issue is one which NCLT/NCLAT is empowered to determine the matter in question, section 430 of Companies Act bars parallel civil suits and compels recourse to NCLAT/NCLAT. Facts- The present revision petition is filed challenging the order dated 24.12.2024, passed by the learned District Judge, South East District, Saket Court, New Delhi in CS No. 3503/24. Application filed by the petitioner (Defendant No.1) seeking rejection of the plaint ...