AdvertisementExclusive Capital Limited Vs Kanta Agarwala (NCLAT Delhi) The National Company Law Appellate Tribunal (NCLAT) considered an appeal under Section 421 of the Companies Act, 2013 challenging the National Company Law Tribunal’s (NCLT) order directing an investigation into the affairs of Exclusive Capital Ltd. under Section 213 of the Companies Act. The investigation was ordered in proceedings arising from a company petition under Sections 241, 242 and 244 alleging oppression and mismanagement. The appellants contended that the NCLT lacked jurisdiction because the company petition had already...