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        Companies Law

        2020 (11) TMI 631 - Tri - Companies Law

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        Tribunal Grants Condonation & Urgent Hearing, Appellant Given Time to Submit Documents The Tribunal granted condonation of delay for CA No. 198/2020, allowing it to proceed after the appellant reserved rights for future relief. CA No. ...
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Tribunal Grants Condonation & Urgent Hearing, Appellant Given Time to Submit Documents

                                The Tribunal granted condonation of delay for CA No. 198/2020, allowing it to proceed after the appellant reserved rights for future relief. CA No. 198/2020 was dismissed as not pressed, with the appellant in CA No. 94/2020 given two weeks to submit documents. An urgent hearing was granted for CA No. 208/2020 after the disposal of CA No. 207/2020, ensuring timely legal progression. The judgment by the National Company Law Tribunal, Chandigarh Bench, addressed these issues succinctly.




                                Issues involved:
                                1. Condonation of delay in filing CA No. 198/2020
                                2. Dismissal of CA No. 198/2020
                                3. Urgent hearing of CA No. 208/2020

                                Condonation of delay in filing CA No. 198/2020:
                                The application sought condonation of delay in filing CA No. 198/2020. The Tribunal heard both sides and decided to condone the delay, allowing CA No. 199/2020 to proceed. Subsequently, CA No. 198/2020 was taken up for hearing and disposed of after the appellant submitted not pressing the CA but reserved the right to agitate for relief in the future. The Tribunal granted liberty to file written submissions and documents within two weeks, maintaining the permissions granted earlier.

                                Dismissal of CA No. 198/2020:
                                In the case of CA No. 198/2020, the senior counsel representing the appellant informed the Tribunal of not pressing the CA but reserved the right to seek relief in the future. Consequently, CA No. 198/2020 was dismissed as not pressed, with the appellant in CA No. 94/2020 allowed to submit written submissions and necessary documents within two weeks. The respondents in CA No. 94/2020 were also given the same timeline to file their written submissions along with relevant documents.

                                Urgent hearing of CA No. 208/2020:
                                Another application, CA No. 207/2020, was filed seeking an urgent hearing of CA No. 208/2020. The Tribunal allowed CA No. 207/2020, leading to CA No. 208/2020 being taken up for hearing. After due consideration, CA No. 207/2020 was disposed of, ensuring the timely progression of the legal proceedings. In the subsequent CA No. 208/2020, the Tribunal heard the senior counsel for the applicants and issued notices to the respondents. Various counsels accepted the notices on behalf of the respondents, and the necessary procedures for further legal actions were outlined, including the filing of affidavits and replies within specified timelines.

                                This comprehensive analysis covers the issues of condonation of delay, dismissal of a case, and the urgent hearing of another case as addressed in the judgment delivered by the National Company Law Tribunal, Chandigarh Bench.
                                Full Summary is available for active users!
                                Note: It is a system-generated summary and is for quick reference only.

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                                ActsIncome Tax
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