2017 (9) TMI 1109 - Tri - Companies Law

Winding up proceedings pending - jurisdictional issue - Held that - In view of winding up proceedings pending before the Hon ble High Court against the Corporate Debtor, Learned Counsel for the parties made their submissions in relation to jurisdictional issue as to whether this Tribunal can proceed with the Insolvency proceedings. Heard, Order reserved.

Summary

The judgment by the National Company Law Tribunal, New Delhi, involved a jurisdictional issue regarding Insolvency proceedings while winding up proceedings were pending before the High Court against the Corporate Debtor. The parties made their submissions, and the order was reserved. (Citation: 2017 (9) TMI 1109)