https://www.taxtmi.com/caselaws?id=400160 Civil court jurisdiction was barred where the suit substantially challenged a board resolution and the consequential sale deed, both arising from the same corporate dispute pending before the NCLT under the Companies Act, 2013. Section 430 excluded civil court scrutiny because the Tribunal was empowered to determine the underlying matters concerning management and company property. The challenge to the sale deed depended on the validity of the board resolution, and the statutory remedy before the NCLT was an efficacious forum. The objection under Order VII Rule 11 / section 9A principles was therefore correctly upheld. en-us Mon, 26 Oct 2020 00:00:00 +0530 Fri, 30 Oct 2020 10:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400160 Civil court jurisdiction was barred where the suit substantially challenged a board resolution and the consequential sale deed, both arising from the same corporate dispute pending before the NCLT under the Companies Act, 2013. Section 430 excluded civil court scrutiny because the Tribunal was empowered to determine the underlying matters concerning management and company property. The challenge to the sale deed depended on the validity of the board resolution, and the statutory remedy before the NCLT was an efficacious forum. The objection under Order VII Rule 11 / section 9A principles was therefore correctly upheld. Case-Laws Companies Law Mon, 26 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400160