NCLT/NCLAT is Not the Proper Forum for Individual Share Transfer Disputes: HC

Cherukuri Ramakrishna Vs Sandhya Hotel Private Limited (Telangana High Court) The case Cherukuri Ramakrishna Vs Sandhya Hotel Private Limited revolves around a legal dispute concerning the transfer of shares and the proper forum for adjudicating such disputes. The Telangana High Court addressed an appeal against an order by the XI Additional Chief Judge, City Civil Court at Hyderabad, which directed the plaintiff to file the suit in a proper forum, based on an application by the defendants under Order VII Rule 11(a) and (d) read with Section 151 of the Code of Civil Procedure, 1908. The centra...