https://www.taxtmi.com/caselaws?id=459101 Delhi HC dismissed writ petitions challenging NCLT's contempt proceedings under Section 425 of Companies Act, 2013. Petitioners argued NCLT failed to record prima facie contempt case and violated natural justice principles. HC held contempt proceedings are quasi-criminal requiring careful scrutiny, but NCLT was conducting threshold inquiry gathering facts. No jurisdictional violation or arbitrariness found in preliminary proceedings. Court declined writ intervention as NCLT had proper jurisdiction and petitioners' grievances reflected unfounded apprehensions rather than substantial procedural violations. en-us Tue, 09 Jan 2018 00:00:00 +0530 Sun, 01 Dec 2024 09:34:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459101 Delhi HC dismissed writ petitions challenging NCLT's contempt proceedings under Section 425 of Companies Act, 2013. Petitioners argued NCLT failed to record prima facie contempt case and violated natural justice principles. HC held contempt proceedings are quasi-criminal requiring careful scrutiny, but NCLT was conducting threshold inquiry gathering facts. No jurisdictional violation or arbitrariness found in preliminary proceedings. Court declined writ intervention as NCLT had proper jurisdiction and petitioners' grievances reflected unfounded apprehensions rather than substantial procedural violations. Case-Laws Companies Law Tue, 09 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459101