S.J.MUKHOPADHAYA, BANSI LAL BHAT
Northern Projects Ltd. – Appellant
Versus
Blue Coast Hotels & Resorts Ltd. – Respondent
ORDER :
These appeals arise out of common order dated 19th September, 2017 passed by the National Company Law Tribunal, Mumbai Bench, Mumbai in T.C.P. Nos. 9 to 14/111A/NCLT/MB/MAH/2011 whereby and whereunder the Tribunal refused to modify the earlier order dated 11th August, 2011 passed by the erstwhile Company Law Board.
2. Earlier on 6th December, 2017 when the matter was taken up, the learned counsel for the appellants brought to our notice the impugned order dated 19th September, 2017, which reads as follows :
1. Pass an order directing for the rectification of the entries in the member’s register of the Respondent Company with respect to the shares held by Respondents 2 to 5 of the Respondent No. 1 Company and thus rectify the records by deleting the names of Respondent No. 2 to 5 as beneficial owners of the shares they hold in their name with respect to the shares of the Petitioner Company and incorporating the names of the Petitioner Companies in their place.
2. To direct the depository to comply with the directions issued by this Hon’ble
3. Pass such other order as this Hon’ble Board may deem f
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