https://www.taxtmi.com/caselaws?id=789096 The NCLAT considered whether the company law tribunal could examine a claim for refund and preservation of an alleged deposit even while probate proceedings remained pending. It treated the dispute over the existence, amount, maturity and continued retention of the deposit as falling within company law jurisdiction, while succession to the deceased's estate remained for the probate court. It also noted that a person with a bona fide interest in the deceased depositor's assets could seek protective relief before final determination of heirship. The pending succession dispute did not bar consideration of the application, and the matter was remitted for decision on merits. en-us Thu, 02 Apr 2026 00:00:00 +0530 Fri, 03 Apr 2026 08:49:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789096 The NCLAT considered whether the company law tribunal could examine a claim for refund and preservation of an alleged deposit even while probate proceedings remained pending. It treated the dispute over the existence, amount, maturity and continued retention of the deposit as falling within company law jurisdiction, while succession to the deceased's estate remained for the probate court. It also noted that a person with a bona fide interest in the deceased depositor's assets could seek protective relief before final determination of heirship. The pending succession dispute did not bar consideration of the application, and the matter was remitted for decision on merits. Case-Laws Companies Law Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789096