2026 (1) TMI 1218

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....a, AOR, Mr. Anshuman Sharma, Adv., Mr. Sriharsh Nahush Bundela, AOR, Mr. Naveen Kumar Yadav, Adv., Mr. Sidhant Thakur, Adv., Mr. Kartikeya Kumar, Adv., For Respondent(s) Mr. Arpit Shukla, AOR, Mr. Sriharsh Nahush Bundela, AOR, Mr. Gopal Sharan Pathak, AOR, Mr. Dhurva Shankar Mishra, Adv., Mr. Ajit Kumar Pathak, Adv., Mr. Sudhir Singh, Adv., Mr. Abhinav Kumar Srivatava, Adv. ORDER CIVIL AP....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n exit option, whereby the respondents in the company petition were given the first option to buy out the shares of the petitioners' group. 4. Aggrieved thereby, the petitioners' group filed the subject appeal before the NCLAT. Perusal of the NCLAT's judgment and order dated 18.06.2021 reflects that the NCLAT was of the opinion that the NCLT had failed to deal with the case on merits and withou....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....fied as it is for the NCLT to first apply its mind to all aspects and pass a reasoned order on the merits of the matter in accordance with law. 7. The appeal is, accordingly, dismissed. 8. Pending application(s), if any, shall stand disposed of. CIVIL APPEAL NO. 5889/2021 9. This appeal also arises out of the judgment and order dated 18.06.2021 passed by the NCLAT in Company Appeal (AT....