https://www.taxtmi.com/caselaws?id=392195 The Calcutta High Court dismissed a suit based on the Insolvency and Bankruptcy Code, 2016, as it fell within the exclusive jurisdiction of the National Company Law Tribunal. The defendants' argument that the suit was barred under Sections 63 and 231 of the Code was upheld, leading to the dismissal of the suit. The court emphasized the restrictions on civil courts in matters related to insolvency proceedings, ultimately resulting in the defendants being granted the reliefs sought. en-us Thu, 09 Jan 2020 00:00:00 +0530 Sat, 15 Feb 2020 11:52:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392195 The Calcutta High Court dismissed a suit based on the Insolvency and Bankruptcy Code, 2016, as it fell within the exclusive jurisdiction of the National Company Law Tribunal. The defendants' argument that the suit was barred under Sections 63 and 231 of the Code was upheld, leading to the dismissal of the suit. The court emphasized the restrictions on civil courts in matters related to insolvency proceedings, ultimately resulting in the defendants being granted the reliefs sought. Case-Laws Companies Law Thu, 09 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392195