PARENTERAL DRUGS (INDIA) LIMITED Vs. JAGDISH MANGAL HUF

JUDGEMENT

(1.) Regard being had to the similitude of the seminal issue that arises for consideration, this order shall govern disposal of both these petitions.

(2.) The moot question in both these petitions is that as to whether after incorporation of Section 430 of The Companies Act, 2013 w.e.f. 1.6.2016, the civil Court is barred to proceed with the civil suit already pending before it?

(3.) The petitioner in both these petitions is Managing Director (MD) of Parental Drugs (India) Pvt. Ltd, a public limited listed company.