Bombay High Court Allows Writ Petition Challenging Civil Court's Lack of Jurisdiction in Company Dispute — Section 430 of Companies Act, 2013 Does Not Bar Civil Suit for Declaration and Injunction Regarding Sale of Company Property Without Board Resolution. The court held that the NCLT does not have the power to declare a sale deed void or grant permanent injunction, and thus the civil court retains jurisdiction.
26 Oct 2020The petitioner, Shankar Assana Gaddam, claiming to be a director of Achanak Associates Realtors Pvt. Ltd., filed a civil suit challenging a board reso...





