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TMI Blog2021 (1) TMI 609X X X X Extracts X X X X X X X X Extracts X X X X ..... Ms. Vanya Chhabra, Advocates ORDER Heard Counsel for the Applicant who has moved this Contempt Case. The Applicant has filed this Contempt Case claiming that the Orders passed by this Tribunal dated 27th August, 2019 as recorded in paragraphs - 6 and 8 have been violated and there is contempt. 2. The Applicant as Petitioner filed Application under Sections 241 - 242 of the Companies Act, 2013 alleging prejudicial actions and oppression on the part of Respondents. The matter had come up before National Company Law Tribunal (NCLT - in short), Bengaluru Bench which passed the Interim Orders on 12th June, 2019. However, subsequently on Application moved by the Respondents, the learned NCLT vide Order dated 23rd August, 2019 in I.A. Nos.341 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bine Limited' and the 1st Respondent Company- 'GE Triveni Limited' and should not affect all the five agreements entered into between parties as referred to in their undertaking before the Tribunal and recorded above. 7. In so far as providing data is concerned, the necessary data for running the business of 1st Respondent Company- 'GE Triveni Limited', if required to be provided pursuant to the aforesaid five agreements, be provided by concerned Respondents to the 1st Respondent Company- 'GE Triveni Limited', if available. All transactions of shares if made shall be subject to the decision of these appeal. 8. The obligation of 4th (Baker Hughes LLC, A GE Company) and 5th Respondent ('General Electric Company') as existing on 12th June, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... evance, the Applicant can move the learned NCLT for any relief (including seeking action of contempt), as may be admissible in law. 7. For above reasons, we do not entertain the Contempt Case. We have not entered into the merits of the allegations which have been made. The present Contempt Case is disposed with liberty to the Applicant to move the learned NCLT for relief as may be admissible in law. 8. Learned Senior Counsel - Shri Arun Kathpalia appearing for some of the Respondents submits that the matter before NCLT is at the stage of Section 45 of the Arbitration and Conciliation Act. It would be desirable that the learned NCLT take decision in the dispute between the parties as early as possible. 9. With these observations, we decli ..... X X X X Extracts X X X X X X X X Extracts X X X X
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