https://www.taxtmi.com/caselaws?id=461156 An NCLAT remand of a company petition under Sections 241 and 242 of the Companies Act, 2013 was held unsustainable because the appellate forum was required to examine whether the later Supreme Court judgment in Tata Consultancy Services Limited v Cyrus Investments Private Limited affected the dispute on the facts before it. A bare remand without analysing the record or the extent of the later decision's relevance was treated as an abdication of appellate jurisdiction, and the remand order was set aside. en-us Fri, 05 Apr 2024 00:00:00 +0530 Tue, 18 Mar 2025 19:01:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461156 An NCLAT remand of a company petition under Sections 241 and 242 of the Companies Act, 2013 was held unsustainable because the appellate forum was required to examine whether the later Supreme Court judgment in Tata Consultancy Services Limited v Cyrus Investments Private Limited affected the dispute on the facts before it. A bare remand without analysing the record or the extent of the later decision's relevance was treated as an abdication of appellate jurisdiction, and the remand order was set aside. Case-Laws Companies Law Fri, 05 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461156