TMI BlogAs per Section 238 of the IBC, 2016 is having override effect in any other law for the time being in...As per Section 238 of the IBC, 2016 is having override effect in any other law for the time being in force. In view of my prima facie findings that this Court cannot pass any interim order at this stage. This Court is of the view that the matter in issue in the suit can be more appropriately and effectively decided and adjudicated by the NCLT. In the present case, Section 430 of the Companies Act, 2013 itself provides an additional bar by stating that no injunction shall be granted by any civil ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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