2019 (11) TMI 448

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..... respondent herein filed petition before the National Company Law Tribunal, Bengaluru, for damages and hence it has no jurisdiction to adjudicate the matter. Inspite of the same, the National Company Law Tribunal has admitted the petition and appointed a resolution professional. In pursuance of the said Order, the professional will take charge of the Company and in that event, the very purpose of .....

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..... ent. Sri Dhyan Chinnappa, learned Senior Counsel for the petitioner submits that the impugned Order is dictated in the open Court yesterday, i.e., on 24.10.2019 and has not yet been released. He submits that the National Company Law Tribunal has jurisdiction only in respect of debts and can entertain petitions only where debt is admittedly payable. In case of any other claim, the Na .....

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