Prabir Mukherjee vs Mis. Jatia Cotton Mills Limited & Ors
- CitationCompany Appeal (AT) No. 305 of 2017
Ratio decidendi
The rule this decision rests on
The question whether company petitions should be heard together or separately depends on the nature of each case, including the relief sought in each petition, and is a matter for the court or tribunal seized of them to decide. Where the tribunal below has decided that connected company petitions are to be heard separately, and there is no illegality in that decision, the Appellate Tribunal will not interfere in the exercise of its appellate power under Section 421 of the Companies Act, 2013.
Written by Miss Lucy from the judgment below, not taken from a headnote.
Judgment
As delivered
Prabir Mukherjee ... Appellant
Versus
MIs. Jatia Cotton Mills Limited & Ors. ... Respondents
Present: For Appellant: Dr. Kriplendu Dutta, Senior Advocate with Shri Atanu Mukherjee, Advocate
For Respondents Nos. 7 & 8: Shri Arvind Kumar and Ms. Henna George, Advocates
ORDER
18.09.2017
I.A. No. 592 of 2017:
Having heard Dr. Kriplendu Dutta, learned senior counsel appearing
for the appellant and the learned counsel appearing on behalf of the
respondent and being satisfied with the grounds, the delay in
preferring the appeal is condoned. I.A. No. 592 of 2017 stands
disposed of.
Company Appeal (AT) No. 305 of 2017:
The appellant, who is one of the respondents in C.P.
No.04/ 2013, filed C.A. No. 87 of 2017 before Tribunal with the
request to hear three Company Petitions together on the ground that
the parties are common. Learned Tribunal, Kolkata Bench, Kolkata, -2-
by the impugned order dated 11th July, 2017, refused to tie all the
cases together on the ground that the relief sought for in the
Company Petitions are not identical.
The question as to whether the Company Petition should be
heard along with other Company Petition(s) or not, depends on the
nature of the case including the relief sought for in each of such
petitions. It is for the court/ tribunal to decide as to whether they are
to be heard together or separately. In these circumstances, if the
Tribunal decide the Company Petitions separately, the Appellate
Tribunal cannot exercise its powers under Section 421 of the
Companies Act, 2013, in absence of any illegality in the impugned
order. The appeal is accordingly dismissed. No costs.
(Justice S.J. Mukhopadhaya) Chairperson
(Justice A.I.S. Cheema) (Balvinder Singh) Member (Judicial) Member(Technical)
/ ng/
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