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2024 Supreme(Online)(NCLAT) 1192

NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Rakesh Kumar Jain, J
Devang Hemant Vyas & Ors. – Appellant
Versus
3A Capital Pvt. Ltd. & Anr. – Respondent


Advocates:
For the Appellants/Petitioners: Ms. Aarohi Bhalla, Mr. Sagar Ghogre
For the Respondents: Mr. Rajeev K. Panday, Mr. Rajeev M. Roy

JUDGMENT

Per: Justice Rakesh Kumar Jain:

This order shall dispose of three appeals bearing CA (AT) No.115 of 2022 titled as ‘Devang Hemant Vyas & 5 Ors. Vs. 3A Capital Pvt. Ltd. & Anr.’, (AT) No. 116 of 2022 titled as ‘Prag Bosimi Synthetics Ltd. Vs. 3A Capital Pvt. Ltd. & 6 Ors.’ and (AT) No. 133 of 2022 titled as ‘3A Capital Pvt. Ltd. Vs. Prag Bosimi Synthetics Limited & 8 Ors.’, because all have been filed under Section 421 of the Companies Act, 2013 (in short ‘Act’) against the order dated 12.05.2022 passed by the National Company Law Tribunal, Guwahati Bench, Guwahati (in short ‘the Tribunal’) on a contempt petition no. 3 of 2018 filed in CP No. 89 of 2021.

2. The Contempt Application No. 3 of 2018 was filed by 3A Capital against Prag Bosimi Synthetics Limited (Company) and Respondent No. 1 to 9 (arrayed as such in that contempt application). Hemant Bhanushankar Vyas was impleaded as Respondent No. 2 in the contempt application as the managing director but since he has expired, therefore, his name was dropped from the array of parties. The Respondent No. 3 to 9 in the said contempt application are the directors of the Company.

3. The contempt application has been disposed of

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