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TMI Blog2019 (9) TMI 1619X X X X Extracts X X X X X X X X Extracts X X X X ..... NTHI NARAHARI, MEMBER (TECHNICAL) For the Appellant : Nithin Chowdary Pavuluri and S. Chidambaram, Advocates For the Respondent : Delep Goswami, Anirrud Goswami, Manjula Devi, Advocates and Banshi Lal, Proxy Counsel for G.S. Rama Rao, Advocate ORDER 1. Heard Advocate Shri Nithin Chowdary Pavuluri for the Appellant, Advocate Shri Bansi Lal, instructed by Advocate Shri G.S. Rama Rao for Responde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ave satisfied this Tribunal that they are entitled under Sec. 244 of Companies Act in terms of number of members even without considering their rectification prayer. Therefore, matter admitted. The learned PCS pressed that there is need to pass some urgent orders in relation to the interim reliefs prayed. Counsel representing R4 and counsel for R7, R8 and R9 are present. Having heard the submi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fore 12.02.2019 with a specific list and file in the Registry for the purpose of verification by the Petitioners as required and prayed. Petitioner is directed to issue another notice to Respondents for their appearance, time granted for filing counter. Put up the matter on 18.02.2019." 3. Learned Counsel for the Appellant submits that when this order was passed, the Appellant who was Responden ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... emain stayed. However, the proceedings may continue." 4. Learned Counsel for both the sides state that the matter has now been transferred to National Company Law Tribunal, Amaravati Bench, where in the Company Petition already further proceedings have taken place. 5. It is stated that the other Respondents have also appeared in the matter. The impugned order shows that while passing the order, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ry, 2019 or may modify or pass any other suitable orders as deemed fit. 7. The stay granted by us on 16th May, 2019 will continue till 4th November, 2019, by which time, the NCLT is requested to further hear the parties as regard the impugned order dated 6th February, 2019 is concerned. The parties are expected to cooperate. In case, the NCLT finds that the parties are not cooperating, or for any ..... X X X X Extracts X X X X X X X X Extracts X X X X
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