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Case pending in NCLT Chennai and the same case is filed in civil Cour.
06-Dec-2023 (In Consumer Court Law)
The company has sold some land property and regarding the land sale one of the share holder (30% holdings) has filed a case in NCLT Chennai and its pending in NCLT. Meanwhile the share holder has also approached civil courts to set a side the sale.
Now the question is can a civic court has the jurisdiction or the NCLT has the jurisdiction to run the case
the civil case could be transferred to nclt if both issues are one and the same by filing transfer case at madras high court. the civil court is having jurisdiction if there is a violation of contract of sale. if it is shares then it should not be tried at civil court
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Adv. Murali Krishnan Sanjeevi
Chennai | 700+ Answers
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In this matter, a perusal of the documents guide to step up the issue need to the perusal of all relevant documents of the company. I have a vast practice in that area you can seek my assistance in your matter.
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Adv. Raghuraman Balaji
Chennai | 900+ Answers
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after the comments of the companies act 2013 the the power to provide remedy regarding all company affairs is vested with NCLT. The NCLT has exclusive jurisdiction to adjudicate for all company matters. the civil court jurisdiction is barred completely.
section 430 of the companies act 2013 expressly bars the jurisdiction of the civil court regarding any matter related to the companies affairs.
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Adv. Sumathi G
Chennai | 100+ Answers
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