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Resource Centre / Categories :- Judgements  » Civil Litigation
Jotun India Private Limited Vs PSL Limited (Company Application No. 572 of 2017)
Team SoOLEGAL | 01/01/1970

In this case, Jotun India Private Limited Vs PSL Limited (Company Application No. 572 of 2017), The Hon'ble Bombay High Court had held that, after a petition has been submitted by the claimant to the respondent company as provided under Rule 26 of the Companies (Court) Rules read with Rule 5 of the 2016 Transfer Rules, the High Court will be seized of the matter and that the matter cannot be moved to the NCLT. 

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