2013 (6) TMI 937

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.... 2.1 The respondents are original plaintiffs, who filed Civil Suit, inter alia, contending that the petitioner No.2 filed application before Registrar of Companies on 23.9.1992 for registering the company in the name of Viprey Publication Pvt.Ltd. It is a registered company, whose name got subsequently changed in the year 1995 and it is now known as Bluechip Publication Limited. The plaintiffs made various allegations against the present petitioners in the suit alleging number of irregularities in the administration and prayed not to transfer the properties of the company to the petitioner or to anyone with a further prayer that the petitioners have no right over the said immovable properties. The petitioners original defendants filed a d....

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....the company. The trial Court has wrongly held that the jurisdiction of the Civil Court is not barred. She urged this Court to quash and set aside the impugned order passed below application Exh.22 and also urged further to stay the proceedings of the Civil Suit. 5. It can be noted that the Court while determining the application of present petitioners (original defendants) under Order VII Rule 11 of the Code of Civil Procedure was in know of the fact that under section 10GB of the Companies Act, the Civil Court's jurisdiction is barred. The Court noted that the plaintiffs have asked for permanent injunction restraining the present petitioners(defendants), who are the Directors of the Company not to transfer or alienate the property of the ....