2019 (9) TMI 1578 - AT - Companies Law

Maintainability of appeal - HELD THAT - Place both the appeals for Orders on 19th November, 2019 within five cases before the first Bench. Until further order, the interim order passed on 27.08.2019 shall continue. However, pendency of these appeals will not come in the way of NCLT Bangaluru to proceed with the Company Petition on merit subject to the decision of this appeal.

Summary

The National Company Law Appellate Tribunal, New Delhi, ordered Respondent Nos. 4 & 5 to file replies within a week, with a deadline for the Appellant(s) to file rejoinders by 15.10.2019. The appeals are placed 'for Orders' on 19th November, 2019. The interim order from 27.08.2019 will continue until further notice. NCLT Bangaluru can proceed with the Company Petition on merit despite the pending appeals.