NCLT Appoints Special Officer to Protect Company Assets Amid Management Disputes; Case Pending in Kolkata Tribunal.

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....Jurisdiction - power of NCLT to appoint Special Officer - allegations and grievances among the management/ owners - Since the pleadings were pending and in order to protect and preserve the assets of the Company from being depleted, NCLT had appointed the special officer in the interregnum and also for the detailed verification of the various allegations imposed by the parties against each other, it was correct to appoint an officer - The matter is pending before the NCLT, Kolkata, there are no reason to entertain the present Appeal. - AT....