https://www.taxtmi.com/caselaws?id=348321 The Tribunal referred the matter to the Hon'ble President of NCLT for consideration by a Larger Bench or as deemed fit due to conflicting views among NCLT benches. The questions referred include whether the insolvency process can commence amidst pending winding up petitions, whether the petition should be transferred to the High Court or await winding up proceedings, the permissibility of adjourning the petition sine die, and the potential revival of the petition if the winding up petition is dismissed or set aside in appeal. The Registrar, NCLT, New Delhi, is instructed to promptly present this reference to the Hon'ble President for further action. en-us Mon, 21 Aug 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348321 The Tribunal referred the matter to the Hon'ble President of NCLT for consideration by a Larger Bench or as deemed fit due to conflicting views among NCLT benches. The questions referred include whether the insolvency process can commence amidst pending winding up petitions, whether the petition should be transferred to the High Court or await winding up proceedings, the permissibility of adjourning the petition sine die, and the potential revival of the petition if the winding up petition is dismissed or set aside in appeal. The Registrar, NCLT, New Delhi, is instructed to promptly present this reference to the Hon'ble President for further action. Case-Laws Insolvency and Bankruptcy Mon, 21 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348321