Tagged “nclt-jurisdiction”

2 articles on nclt-jurisdiction.

Supreme CourtSupreme Court of India

Shashi Prakash Khemka v. NEPC Micon (2019): s.430 bars the civil court where the NCLT is empowered

The Supreme Court held that Section 430 of the Companies Act, 2013 is widely worded, so where a power — such as rectification of the register of members under Section 59 — is conferred on the NCLT, the jurisdiction of the civil court is completely barred. A shareholder disputing a share transfer must approach the NCLT, not a civil suit.

Valkya Editorial·23 Jun 2026·6 min

Supreme CourtSupreme Court of India

Gloster Limited v. Gloster Cables Limited: NCLT residuary jurisdiction is nexus-bound

On 22 January 2026, a two-judge bench held that section 60(5)(c) IBC does not empower the NCLT to declare title in a disputed trademark when the approved resolution plan itself flags rival claims; trademark adjudication must be left to the competent civil court.

Valkya Editorial·2 Jun 2026·9 min