NCLT has no jurisdiction to decide cause of action over which it has no power under Companies Act: Delhi High Court

The Court was dealing with a representative suit filed by permanent members of Delhi Gymkhana Club against the conferment of "Green Card holder" status to a certain category of persons
NCLT has no jurisdiction to decide cause of action over which it has no power under Companies Act: Delhi High Court
NCLT- Image for representational purposes

The Delhi High Court has ruled that Section 434(1)(c) of the Companies Act cannot be interpreted to confer jurisdiction on the National Company Law Tribunal with respect to the cause of action over which it has no power under the Act (Naresh Dayal vs Delhi Gymkhana Club Ltd).

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