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    <title>2019 (12) TMI 567 - CALCUTTA HIGH COURT</title>
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    <description>Section 430 of the Companies Act, 2013 bars civil court jurisdiction where the core dispute concerns refusal to register transfer of shares, rectification of the register of members, and connected reliefs within the Tribunal&#039;s competence under sections 58 and 59 read with Rule 70 of the NCLT Rules, 2016. The Calcutta High Court reasoned that once the statutory forum can decide whether applicants are entitled to be treated as members, the civil court cannot entertain overlapping claims. It also noted that interim, consequential, oppression and mismanagement reliefs should be pursued before the Tribunal to avoid conflicting findings on the same underlying controversy.</description>
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      <title>2019 (12) TMI 567 - CALCUTTA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=389684</link>
      <description>Section 430 of the Companies Act, 2013 bars civil court jurisdiction where the core dispute concerns refusal to register transfer of shares, rectification of the register of members, and connected reliefs within the Tribunal&#039;s competence under sections 58 and 59 read with Rule 70 of the NCLT Rules, 2016. The Calcutta High Court reasoned that once the statutory forum can decide whether applicants are entitled to be treated as members, the civil court cannot entertain overlapping claims. It also noted that interim, consequential, oppression and mismanagement reliefs should be pursued before the Tribunal to avoid conflicting findings on the same underlying controversy.</description>
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      <pubDate>Fri, 27 Sep 2019 00:00:00 +0530</pubDate>
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