Company oppression/mismanagement petition amendments and maintainability after alleged share transfer and forgery claims; tribunal order quashed for l...
HC dealt with a writ petition alleging failure of respondent no. 2 to comply with Rule 28 of the NCLT Rules, 2016 regarding removal of defects within seven days. Respondent no. 1 admitted that re-filing of the company petition was permitted beyond the statutory period, while the petitioner acknowledged a 612-day delay in re-filing. HC recorded that the Registry's acceptance of delayed re-filing was due to procedural/system-generated permissions. HC directed respondent no. 1 to strictly adhere to the SOP consistent with Rules 28 and 63 henceforth. HC left it to the Adjudicating Authority to determine whether sufficient cause exists for condoning the delay in removing defects in the present case and disposed of the petition.
HC dealt with a writ petition alleging failure of respondent no. 2 to comply with Rule 28 of the NCLT Rules, 2016 regarding removal of defects within seven days. Respondent no. 1 admitted that re-filing of the company petition was permitted beyond the statutory period, while the petitioner acknowledged a 612-day delay in re-filing. HC recorded that the Registry's acceptance of delayed re-filing was due to procedural/system-generated permissions. HC directed respondent no. 1 to strictly adhere to the SOP consistent with Rules 28 and 63 henceforth. HC left it to the Adjudicating Authority to determine whether sufficient cause exists for condoning the delay in removing defects in the present case and disposed of the petition.
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