NCLT has exclusive jurisdiction to deal with company affairs, Delhi High CourtOctober 20 2018
A recent ruling by Justice Prathiba Singh of the Delhi High Court has held that Civil Courts do not have jurisdiction to adjudicate on matters vested with the NCLT under Companies Act, 2013.
Under the Companies Act, 1956, High Courts were vested with original jurisdiction as a 'Company Court' to adjudicate certain matters. The jurisdiction which was divided between the erstwhile Company Law Board (CLB) and High Court was clubbed and transferred to the NCLT under the 2013 Act.
In the . . .
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