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    <title>2021 (11) TMI 905 - National Company Law Appellate Tribunal Principal Bench, New Delhi</title>
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    <description>The Tribunal dismissed both Applications (CA Nos. 1008 of 2020 and 1064 of 2020) on contest, stating that the Board is competent to take all necessary decisions for the revival of the Gujarat Division without disturbing the present management pattern and shareholding. The Tribunal emphasized that the main Company Petition should be heard expeditiously and uninfluenced by the observations made in the interim order. The Appeals were disposed of with directions for the NCLT to dispose of the matter as expeditiously as practicable.</description>
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      <description>The Tribunal dismissed both Applications (CA Nos. 1008 of 2020 and 1064 of 2020) on contest, stating that the Board is competent to take all necessary decisions for the revival of the Gujarat Division without disturbing the present management pattern and shareholding. The Tribunal emphasized that the main Company Petition should be heard expeditiously and uninfluenced by the observations made in the interim order. The Appeals were disposed of with directions for the NCLT to dispose of the matter as expeditiously as practicable.</description>
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