NCLT cannot be made to conduct the proceedings by way of a detailed trial to ascertain the amount of debt claimed is as claimed or not as is done by a Civil Court taking a detailed examination of documents supported by oral examination of witnesses when the plaintiff approaches it byway of a suit – UT Worldwide (India) Pvt Ltd. Vs. Integrated Caps Pvt. Ltd. – NCLT New Delhi Bench
NCLT dealt with the nature of proceedings under the Code. It observed that it is exercising only a summary jurisdiction and cannot be made to conduct the proceedings by way of a detailed trial to ascertain the amount of debt claimed is as claimed or not as is done by a Civil Court taking a detailed examination of documents supported by oral examination of witnesses when the plaintiff approaches it byway of a suit.
