SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2022 Supreme(Online)(NCLAT) 285

NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Hon'ble Justice Anant Bijay Singh (Member(Judicial)) , Hon'ble Ms. Shreesha Merla (Member (Technical)) ,
Sandeep Gupta and Anr. – Appellant
Versus
Asian Hotels (East) Limited & Ors. – Respondent


JUDGEMENT

[Per; Shreesha Merla, Member (T)] 1. Challenge in these Company Appeals (AT) No. 106 of 2021 & Company Appeal (AT) No. 113 of 2021 filed under Section 421 of the Companies Act, 2013 (hereinafter referred to as ‘the Act’) is to the Impugned Orders dated 12/08/2021 & 02/09/2021 respectively passed by the NCLT (National Company Law Tribunal, New Delhi, Principal Bench), in CP No. 108/241- 242/PB/2021 and CP No. 135/241-242/PB/2021 filed under the provisions of Sections 241 and 242 of the Act. Company Appeal (AT) No. 106 of 2021 is being treated as the lead case. Since both these Appeals deal with common facts & circumstances, they are being disposed of by this Common Order.

2. By the Impugned Order dated 12/08/2021, NCLT has appointed a Commissioner to submit a comprehensive report regarding the functioning -5- Company Appeal (AT) No. 106 of 2021 With Company Appeal (AT) No. 113 of 2021 & I.A. No. 2884 of 2021 of the Company namely ‘Asian Hotels (West) Limited & Anr.’ (hereinafter referred to as the ‘AHWL’) and observed as follows:

    “Now, the point that falls for consideration is whether this Bench is vested with the power to appoint an independent Commissioner with t



                                      Click Here to Read the rest of this document
                                      1
                                      2
                                      3
                                      4
                                      5
                                      6
                                      7
                                      8
                                      9
                                      10
                                      11
                                      SupremeToday Portrait Ad
                                      supreme today icon
                                      logo-black

                                      An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

                                      Please visit our Training & Support
                                      Center or Contact Us for assistance

                                      qr

                                      Scan Me!

                                      India’s Legal research and Law Firm App, Download now!

                                      For Daily Legal Updates, Join us on :

                                      whatsapp-icon telegram-icon
                                      whatsapp-icon Back to top