2020 (10) TMI 123

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....2016, by NCLT, Kolkata Bench, Kolkata. It is a short Order which may be reproduced:- "Ld. Sr. Counsel for the petitioners appears. Ld. Counsel for R-1 Company appears. Mr. Deepak Kumar Daga, R-2, in person appears and signed the attendance sheet. Affidavit of service of notice to R-2 to R-10 proving service of notice is filed. Other than R-1 and R-2 nobody appears. R-2 to R-10 are called, absent and declared ex parte. Ld. Counsel for R-1 seeks leave to late filing of reply affidavit. Leave is granted. Reply affidavit filed is received. Copy is given to the other side. Petitioners are directed to file rejoinder within 3 weeks by serving copy to R-1 Company. She submits that she is to be heard at length. At her r....

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....avit by serving copy to R-2. Matter stands adjourned to 24/04/2020 for hearing as to the maintainability of the application" 2. It is Interim Order which is to operate till application is decided. The Learned Counsel for the Appellant submits that this Company is in the business of Real Estate and the properties of the Company are actually its 'Stock in Trade' and because of the Impugned Order the functioning of the Company is affected and there is grave urgency that the matter should have been taken up by the Learned NCLT and decided one way or the other. According to the Counsel the Bench of NCLT at Kolkata is not having regular sittings and thus the Parties are in difficulty. 3. The Learned Counsel for Appellant su....