https://www.taxtmi.com/caselaws?id=446503 NCLAT Chennai held that rectificatory jurisdiction under Section 59 of the Companies Act can be exercised even where contested facts and disputed questions exist. The Tribunal distinguished SC precedents in Ammonia Supplies and IFB Agro, noting that while Section 59 jurisdiction is summary in nature, the complete bar on civil court jurisdiction under Section 430 empowers NCLT to decide rectification matters involving disputed facts. The Tribunal set aside the impugned order and allowed the appeal regarding rectification of the company's register of members. en-us Fri, 01 Dec 2023 00:00:00 +0530 Tue, 05 Dec 2023 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446503 NCLAT Chennai held that rectificatory jurisdiction under Section 59 of the Companies Act can be exercised even where contested facts and disputed questions exist. The Tribunal distinguished SC precedents in Ammonia Supplies and IFB Agro, noting that while Section 59 jurisdiction is summary in nature, the complete bar on civil court jurisdiction under Section 430 empowers NCLT to decide rectification matters involving disputed facts. The Tribunal set aside the impugned order and allowed the appeal regarding rectification of the company's register of members. Case-Laws Companies Law Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446503