2026 (2) TMI 542

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....ondent : Mr. E. Om Prakash, Senior Advocate For Ms. V. Anuradha, Advocate for R1 ORDER [Oral Judgment: Justice Sharad Kumar Sharma, Member (Judicial)] The parties in the instant company are at loggerheads, in the proceedings of the CP/57(CHE)/2024, which are being held under Section 241 & 242 of the Companies Act, 2013. 2. This entire company appeal is foundationed upon a very short premise. The subject, which is required to be considered by this Appellate Tribunal, will not have any bearing as on date, on the merits of the matter, pending before the Ld. Tribunal. 3. Brief facts of the case are that in the proceedings of the company petition, after the exchange of pleadings before the Ld. Tribunal, the argument stood concl....

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....r. R1 is the Company. Mr. P.H. Arvindh Pandian, Ld. Senior Counsel for R2 and R9 Ld. Counsel for the Respondents submits that this Tribunal may refer the written synopsis filed vide SR.No.2795 dated 10.07.2025. Ld. Counsel for the Petitioner also submits that the Tribunal may refer the written synopsis filed vide SR. 2766 dated 09.07.2025, along with citations. Arguments have already been advanced. The Counsel for the parties are directed to quote the relevant paragraphs of judgments in the short synopsis in a week's time. List the Petition for clarifications on 01.09.2025. Possibility of amicable solution is also explored. Ld. Counsel for the Petitioner seeks time ....

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....losure agreement, if any, may be executed by the IT Expert in favour of R1 company. We fix the fee of the IT Expert as Rs.50,000/- plus GST to be paid by the Petitioner in advance. Copy of the order be sent to the mail of the IT Expert, who is directed to visit the company premises on 27.01.2026 at 2.30 PM for getting the relevant information. Parties are directed to cooperate and provide assistance to the IT Expert to complete his job in a time bound manner." 5. The short question, which emerges for consideration, before this Appellate Tribunal is, as to whether after conclusion of the arguments and exchange of the written submissions, as well as the synopsis, and particularly when there is no progress in resp....