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    <title>2025 (1) TMI 1810 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, CHENNAI</title>
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    <description>Company petition maintainability under Section 244 turned on whether the petitioner met the 10% shareholding threshold to invoke Section 241, with the petitioner holding 7.69%. The Appellate Tribunal noted that it could not direct the adjudicating authority to decide appeals or petitions within a fixed time, as roster management lies with the tribunal concerned. It nevertheless reiterated the earlier request that the company petitions and pending interlocutory applications be decided as expeditiously as possible, subject to the NCLT&#039;s roster. No opinion on the merits of the maintainability issue was expressed.</description>
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    <pubDate>Fri, 10 Jan 2025 00:00:00 +0530</pubDate>
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      <title>2025 (1) TMI 1810 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=468074</link>
      <description>Company petition maintainability under Section 244 turned on whether the petitioner met the 10% shareholding threshold to invoke Section 241, with the petitioner holding 7.69%. The Appellate Tribunal noted that it could not direct the adjudicating authority to decide appeals or petitions within a fixed time, as roster management lies with the tribunal concerned. It nevertheless reiterated the earlier request that the company petitions and pending interlocutory applications be decided as expeditiously as possible, subject to the NCLT&#039;s roster. No opinion on the merits of the maintainability issue was expressed.</description>
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      <pubDate>Fri, 10 Jan 2025 00:00:00 +0530</pubDate>
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