NCLT Principal Bench orders transfer of Company Petition No. 254/KB/2023 from Kolkata Court-II to Court-I.
The transfer is sought to avoid conflicting orders with a connected matter, CP No. 57/KB/2026, heard by Court-I.
Respondents raised no objection to the transfer but categorically denied all allegations in the underlying petition.
The tribunal explicitly refrained from expressing any opinion on the merits of the case or the allegations.