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Section 430 of Companies Act bars parallel civil suit when forgery matter is pending before NCLT/NCLAT
Case Law Details
- Case Name
- Karyan Global LLP Vs Vivek Kumar Mishra And Ors (Delhi High Court)
- Appeal Number
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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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 rejecti...
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