2019 (11) TMI 1664 - AT - Companies Law

Prejudicial act or mismanagement against the Respondents/Member/Company - Section 241-242 of the Companies Act, 2013 - HELD THAT - Post these Appeals for Admission (After Notice) on 12th December, 2019 at 3.00 P.M. The appeals may be disposed of on the next date. The interim order passed on 25th September, 2019 shall continue until further orders.

Summary

The National Company Law Appellate Tribunal in New Delhi considered allegations of prejudicial act or mismanagement in a petition under Section 241-242 of the Companies Act, 2013. The case involves a contract between the parties with a clause for arbitration. The appeals are scheduled for admission on 12th December, 2019 at 3.00 P.M., and the interim order from 25th September, 2019 will continue until further notice.