TMI BlogMatter earlier dealt by Company Law BoardX X X X Extracts X X X X X X X X Extracts X X X X ..... - (1) Notwithstanding anything contained in any other law for the time being in force, an original civil action or case arising out of the Act, or any other corresponding provision of the Companies Act, 1956 or Reserve Bank of India Act, 1934 is filed or pending before the Company Law Board on the date on which the Tribunal is constituted, and the relevant provisions of the Act dealing with the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gs, except in a case where the order is reserved by the Company Law Board or its Bench and in such a case, the Tribunal shall reopen the matter and rehear the case as if the hearing had not taken place. Provided further that the Tribunal is at liberty to call upon the parties in a Case to produce further evidence or such other information or document or paper or adduce or record further deposit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lication or petition transferred before the Tribunal shall be an unnecessary proceeding on account of changes which have taken place in the Act either upon an application filed by either of the parties to the proceedings or suo motu. (4) A fresh petition or an application may also be filed in Form NCLT 1 corresponding to those provisions of the Act, if both the parties thereto so consent w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ling reply or counter thereto. (7) Notwithstanding the above and subject to section 434 of the Act, the Tribunal may prescribe the rules relating to numbering of cases and other procedures to be followed in the case of transfer of such matters, proceedings or cases. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - ta ..... X X X X Extracts X X X X X X X X Extracts X X X X
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