This is an appeal against an interlocutory order dated 2018-09-26 passed by a single judge in W.P.(C) No.10189/2018. The single judge allowed the existing 'Expression of Interest' issued by the Resolution Professional (RP) to progress. The single judge observed that the order dated 2018-09-05 passed by the National Company Law Tribunal (NCLT) in the matter of State Bank of India vs. Su Kam Power Systems Ltd will not impede matters where 'Expression of Interest' has already been issued by the RPs. The appellant had challenged this through W.P.(C) No. 10189/2018.
The appellant filed an appeal against an interlocutory order dated 2018-09-26 passed by a single judge in W.P.(C) No.10189/2018. The single judge's order allowed the 'Expression of Interest' issued by the Resolution Professional (RP) to proceed. The single judge also noted that an order dated 2018-09-05 passed by the NCLT in the matter of State Bank of India vs. Su Kam Power Systems Ltd would not impede matters where 'Expression of Interest' had already been issued. The appellant had challenged the NCLT order through W.P.(C) No. 10189/2018. A predecessor Bench had stayed the operation of the NCLT order dated 2018-09-05. Regulation 36A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 was relevant to
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This is an appeal against an interlocutory order dated 2018-09-26 passed by a single judge in W.P.(C) No.10189/2018. The single judge allowed the existing 'Expression of Interest' issued by the Resolution Professional (RP) to progress. The single judge observed that the order dated 2018-09-05 passed by the National Company Law Tribunal (NCLT) in the matter of State Bank of India vs. Su Kam Power Systems Ltd will not impede matters where 'Expression of Interest' has already been issued by the RPs. The appellant had challenged this through W.P.(C) No. 10189/2018.
The appellant filed an appeal against an interlocutory order dated 2018-09-26 passed by a single judge in W.P.(C) No.10189/2018. The single judge's order allowed the 'Expression of Interest' issued by the Resolution Professional (RP) to proceed. The single judge also noted that an order dated 2018-09-05 passed by the NCLT in the matter of State Bank of India vs. Su Kam Power Systems Ltd would not impede matters where 'Expression of Interest' had already been issued. The appellant had challenged the NCLT order through W.P.(C) No. 10189/2018. A predecessor Bench had stayed the operation of the NCLT order dated 2018-09-05. Regulation 36A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 was relevant to
…Order passed by the National Company Law…
Interlocutory order passed by the learned single…
Sign in to view related legal provisions.