2020 (9) TMI 1261

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..... Acting Chairperson, [Justice Venugopal M.] Member (Judicial) and [Kanthi Narahari] Member (Technical) For the Appellant: Mr. Sonal Jain and Mr. Ishkaran Singh Bhandari, Advocates For the Respondent: O R D E R Conflicting orders have been passed by the two Members comprising the Bench of Adjudicating Authority (National Company Law Tribunal), Ahmedabad Bench, Court I. While in terms of order .....

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..... this Appellate Tribunal to direct the Adjudicating Authority to follow the mandate of Section 419(5) of the Companies Act. After hearing learned counsel for the Appellant, we deem it appropriate to dispose of this appeal with direction to the same Bench of the Adjudicating Authority, which passed two conflicting orders, to make a reference to Hon'ble President, NCLT, if not already made, in terms .....

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