Ardor Global Pvt. Ltd. filed an appeal against an order dated 11th July 2017 passed by the Adjudicating Authority (National Company Law Tribunal), Ahmedabad Bench, Ahmedabad in C.P. (I.B.) No. 34/9/NCLT/AHM/2017. The Adjudicating Authority had noted defects in the application and allowed the petitioner to withdraw the petition with liberty to file a fresh petition.
Ardor Global Pvt. Ltd. (Appellant) filed an appeal against an order passed by the Adjudicating Authority (National Company Law Tribunal), Ahmedabad Bench. The Adjudicating Authority had noted defects in the application filed by the Operational Creditor/Petitioner and allowed the petitioner to withdraw the petition with liberty to file a fresh petition. The appellant contended that the Adjudicating Authority should have allowed seven days to rectify the defects. The appellant also argued that filing a subsequent petition would be barred by 'constructive res judicata'. The Adjudicating Authority's order was based on the defects found in the written communication filed by the IRP in form no. 2 and in the affidavits of Mr. Jitendra Patel dated 26.05.2017. The respondent's
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Ardor Global Pvt. Ltd. filed an appeal against an order dated 11th July 2017 passed by the Adjudicating Authority (National Company Law Tribunal), Ahmedabad Bench, Ahmedabad in C.P. (I.B.) No. 34/9/NCLT/AHM/2017. The Adjudicating Authority had noted defects in the application and allowed the petitioner to withdraw the petition with liberty to file a fresh petition.
Ardor Global Pvt. Ltd. (Appellant) filed an appeal against an order passed by the Adjudicating Authority (National Company Law Tribunal), Ahmedabad Bench. The Adjudicating Authority had noted defects in the application filed by the Operational Creditor/Petitioner and allowed the petitioner to withdraw the petition with liberty to file a fresh petition. The appellant contended that the Adjudicating Authority should have allowed seven days to rectify the defects. The appellant also argued that filing a subsequent petition would be barred by 'constructive res judicata'. The Adjudicating Authority's order was based on the defects found in the written communication filed by the IRP in form no. 2 and in the affidavits of Mr. Jitendra Patel dated 26.05.2017. The respondent's
…The Adjudicating Authority (National Company…
Ardor Global Pvt. Ltd. filed an appeal against…
Sign in to view related legal provisions.