Order set aside as reasonable and sufficient opportunity as required u/r 37 of NCLT Rules not granted

Calcutta Cricket & Football Club Vs Karan Singh Grewal & Ors (NCLAT Delhi) NCLAT Delhi held that order deserved to be set aside since it is unreasoned order and further reasonable and sufficient opportunity not granted as envisaged in Rule 37 of NCLT Rules, 2016 and hence the same is in violation of principles of natural justice. Facts- The Appellant – Calcutta Cricket & Football Club was established in the year 1876. The Appellant has 1880 Members. The four Members of the Club including Respondent Nos.1, 2 and 3 to this Appeal, filed a Company Petition u/s. 97, 213, 241, 242...