Discussion on whether CCI approval is mandatory prior to or after certain actions.
Highlighted by the Chief Justice.
Bank Guarantee Issue:
A matter mentioned last week regarding a bank guarantee was to be listed for discussion today but was not.
Proposal to resolve this matter may be presented in the next meeting.
Reference to the importance of the issue on a national level.
High Court Ruling:
A decision by the High Court allowed the encashment of the mentioned bank guarantee.
Challenges against the order of the registrar regarding the rejection of re-registration of a petition were discussed.
Action Items
Re-registration of Petition:
Petition number: 12005 of 2022.
Agreed to list for discussion despite the registrar's previous rejection.
Conclusion
The meeting concluded with a need for further clarification on mandatory provisions related to CCI and a commitment to address the bank guarantee issue in future discussions.