2026 (8) TMI 427

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s. Urmila Chakraborty, Adv., Mr. Arindam Paul, Adv., Ms. Debarati Das, Adv., Mr. Sourabh Tandon, Adv., Ms. Sohini Choudhury, Adv., Ms. Eshika Nandy, Adv., Mr. Sujato P. Ghosh, Adv., Ms. Vanya Gupta, AOR. For the Respondent(s): Mr. Sougat Sinha, AOR, Ms. R. Gayathri Manasa, Adv., Mr. Navneet Kumar, Adv., Mr. Siddharth Sangal, AOR, Ms. Richa Mishra, Adv., Ms. Mrinalini Tandon, Adv., Ms. Kashish T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....es Act; 1956 does not assist the appellant. Appellant can make its claim before the NCLT. Pendency of the claim of the appellant, or its alleged nonpayment does not qualify to hold that, the company petition attend a irreversible stage warranting the Company Court not to transfer the winding up petition to the NCLT." 4. Thus, the High Court has taken the view that Section 529 of the Companies A....