State Bank of India Vs. Anil Dhirajlal Ambani


Quick Summary
The National Company Law Tribunal (NCLT) Mumbai Bench, hearing urgent matters via video conference due to the COVID-19 pandemic, issued a common order in two applications (IA No. 1009 and IA No. 1010 of 2020) concerning State Bank of India and Anil Dhirajlal Ambani. While certain prayers in the applications were allowed, others were refused. The tribunal rejected the respondent's request for a stay on the order's implementation.

Court :
MUMBAI BENCH SPECIAL BENCH, COURT No. II

Brief :
The work of the Tribunal has been closed due to Covid-19 pandemic as per letter dated 22.03.2020 and subsequent follow-up orders of the Principal Bench, National Company Law Tribunal. The Principal Bench vide Notice dated 15.06.2020, constituted this Bench for hearing of the urgent matters through Video Conference (VC).

Citation :
State Bank of India Vs. Anil Dhirajlal Ambani

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