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2024 Supreme(Online)(Kar) 43002

KARNATAKA HIGH COURT
M/S ALLIANCE BUSINESS SCHOOL – Appellant
Versus
MR. MADHUKAR G ANGUR – Respondent


ORDER

In this petition, petitioners seek quashing of the impugned order dated 29.02.2024 passed by the National Company Law Tribunal, Bengaluru ('the NCLT' for short) and for other reliefs. 2. Heard learned Senior Counsel on both sides and perused the material on record.

3. A perusal of the material on record would indicate that in the C.A.No.8/2022 filed by respondent No.1, the petitioners herein have been arrayed as respondents No.10 and 20 respectively and they are contesting the said proceedings.

In the said proceedings in C.A.No.8/2022, the NCLT passed an interim order dated 25.05.2022 to the following effect:

"1. Heard Ms. Ashima Mandala with Shri P. Syed Ahmad, learned Counsels for the Applicant, Shri M.S. Shyam Sundar with Ms. Vandana B.L., learned Counsels for the Respondent Nos. 1, 3, 17, 20 and 21, Shri Cyril Prasad Pais, learned Counsel for the Respondent No.10, Shri Rohan Hosmath, learned Counsel for Respondent No.5 & 8 and Shri Prasanna, learned Counsel for the Respondent Nos. 4, 6 & 12.

2. In spite of availing substantial time, none of the Respondents filed any reply till date. All the Counsels seek further time to file replies. All the Respondents are permitted to file

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