Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2018 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (12) TMI 1816 - HC - Companies LawOppression and Mismanagement - Maintainability of petition - appellate remedy available to the petitioners - section 61 of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- This Bench has considered a similar question arising under the Companies Act, 1956, proceedings arising out of an application under Section 241 and 244 of the Companies Act dealing with oppression and mis-management in CRP.No.3739 of 2016 [2019 (9) TMI 535 - MADRAS HIGH COURT]. In that case against an interim order passed by the National Company Law Tribunal, Revision Petition under Article 227 of the Constitution of India was filed in this Court. In that case, like in the present case a preliminary objection was taken regarding the maintainability of the Revision Petition because of the Appellate remedy provided under Section 421 of the Companies Act. Petition dismissed as not maintainable.
|