What the NCLAT held on jurisdiction of National Company Law Tribunals in Section 59 matters

Meera Emmanuel May 29 2019
disputed claim

The National Company Law Appellate Tribunal (NCLAT) recently reiterated that company law cases now fall within the jurisdiction of the National Company Law Tribunals even if they involve contentious or complex issues. This is in view of the bar on civil court jurisdiction under Section 430 of the currently prevailing Companies Act, 2013.

The Bench of AIS Cheema and Balvinder Singh passed a judgment to this effect while allowing an appeal filed against the order of the Hyderabad Bench . . .

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