In The Matter Of : I-Nova Marketing Limited -And- v. In The Matter Of : Smt. Sarbani Bhattacharya & ANR.

O-86

IN THE HIGH COURT AT CALCUTTA

Original Jurisdiction ORIGINAL SIDE CP/65/2014 IA NO: CA/4/2018(Old No:CA/22/2018)

IN THE MATTER OF : I-NOVA

MARKETING LIMITED -ANDIN THE MATTER OF : SMT.

SARBANI BHATTACHARYA & ANR.

BEFORE:

The Hon'ble JUSTICE RAVI KRISHAN KAPUR Date : 3rd January, 2023.

The Court:- The matter had been repeatedly adjourned when the parties have remained unrepresented. There is no irreversible situation which has arisen warranting this Court retaining this liquidation proceeding. In view of the amended provisions of the Companies Act, 2013 and in view of the decisions in Action Ispat and Power Private Limited-versus-Shyam Metalics and Energy Limited reported in (2021) 2 SCC 641 and in A. Navinchandra Steels Private Limited -versus- Srei Equipment Finance Limited and Others reported in AIR 2021 SC 1180, I find that this Court does not have any jurisdiction to entertain this matter.

In view of the aforesaid, CP/65/2014 stands transferred to the National Company Law Tribunal, Kolkata.

The Department shall treat CP/65/2014 as disposed of insofar as the records of this Court are concerned.

It needless to mention that all connected applications also stand transferred to the National Company Law Tribunal, Kolkata. (RAVI KRISHAN KAPUR, J.) TO