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2017 (3) TMI 1613 - Tri - Companies LawMatter to be listed before the Principal Bench of NCLT - Held that - Under the Rules known as the Companies (Transfer of pending proceedings) Rules 2016 the petitioner is required to furnish the details of provisions under which this petition is to be treated by this Tribunal. All the proceedings are time-lined and cannot brook any delay.
The National Company Law Tribunal, New Delhi dismissed a petition for non-prosecution as the petitioner failed to appear despite being required to do so under the Companies (Transfer of pending proceedings) Rules 2016.
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