Civil Court Has No Jurisdiction In Matters In Respect Of Which Power Has Been Conferred On NCLT: SC [Read Order]

ashok kini

12 Jan 2019 2:47 PM IST

“The effect of the aforesaid provision is that in matters in respect of which power has been conferred on the NCLT, the jurisdiction of the civil court is completely barred.”

The Supreme Court has observed that the jurisdiction of the civil court is completely barred in matters in respect of which power has been conferred on the National Company Law Tribunal.In Shashi Prakash Khemka vs. NEPC Micon, the bench comprising Justice L Nageswara Rao and Justice Sanjay Kishan Kaul was considering whether an issue qua the transfer of shares has to be adjudicated by civil...

Civil Court Has No Jurisdiction In Matters In Respect Of Which Power Has Been Conferred On NCLT: SC [Read Order]

ashok kini

“The effect of the aforesaid provision is that in matters in respect of which power has been conferred on the NCLT, the jurisdiction of the civil court is completely barred.”

Tags