NCLT/NCLAT have no right to Determination of Share Title: Telangana HC [Read Order]

The court was of the view that the issues raised in the plaint concerning individual rights and the title to shares must be decided by a Civil Court and held that the NCLT is not a suitable forum for these matters
By Yogitha S. Yogesh - On June 15, 2024 1:34 pm - 2 mins read
NCLT - NCLAT - Telangana High Court - National Company Law Tribunal - National Company Law Appellate Tribunal - taxscan

In a recent case, the Telangana High Court held that the National Company Law Tribunal ( NCLT )/ National Company Law Appellate Tribunal ( NCLAT ) have no right to the determination of the title of the shares. It was observed that the right was within the domain of the Civil Court. Section 430 of…

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