The case involves an appeal against an order dated 23rd February, 2021, passed by the Adjudicating Authority (National Company Law Tribunal) Guwahati Bench, Guwahati, which directed the Respondent to handover goods to the Appellant. The order stipulated that the Appellant had seven days to take back the goods, failing which its entitlement to recover the goods would be extinguished. The appellant sought an extension of time and removal of the condition imposed due to non-lifting of goods within the seven-day period.
The Adjudicating Authority ordered the Respondent to hand over goods to the Appellant. The Appellant had seven days to retrieve the goods, after which their right to recover them would be extinguished. The Appellant filed an appeal seeking an extension of time and removal of the condition of lifting the goods within seven days. Simultaneously, the Appellant also applied to the Adjudicating Authority for an extension of time. The Respondent argued that the Appellant had already sought an extension of time from the Adjudicating Authority. The court found that the original order was a consent order.
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The case involves an appeal against an order dated 23rd February, 2021, passed by the Adjudicating Authority (National Company Law Tribunal) Guwahati Bench, Guwahati, which directed the Respondent to handover goods to the Appellant. The order stipulated that the Appellant had seven days to take back the goods, failing which its entitlement to recover the goods would be extinguished. The appellant sought an extension of time and removal of the condition imposed due to non-lifting of goods within the seven-day period.
The Adjudicating Authority ordered the Respondent to hand over goods to the Appellant. The Appellant had seven days to retrieve the goods, after which their right to recover them would be extinguished. The Appellant filed an appeal seeking an extension of time and removal of the condition of lifting the goods within seven days. Simultaneously, the Appellant also applied to the Adjudicating Authority for an extension of time. The Respondent argued that the Appellant had already sought an extension of time from the Adjudicating Authority. The court found that the original order was a consent order.
The Adjudicating Authority passed an order…
The NCLAT dismi…
Sign in to view related legal provisions.