The case pertains to Company Appeal (AT) (Ins) No. 10 of 2020 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant is CA Rita Gupta, and the respondents are Shilpi Cable Technologies Ltd. & Ors. Ms. Jasveen Kaur, representing the Committee of Creditors, submitted that since the Corporate Debtor has been sent into liquidation, the Committee of Creditors is no longer in existence.
CA Rita Gupta filed an appeal against Shilpi Cable Technologies Ltd. & Ors. before the NCLAT. Ms. Jasveen Kaur, representing the Committee of Creditors, informed the court that the Corporate Debtor has been sent into liquidation, rendering the Committee of Creditors non-existent. The court acknowledged this submission and directed the appeal to be listed for consideration under the caption 'For Admission (After Notice)' on 13th February, 2020. Other respondents are said to have filed reply. The key fact is the liquidation of the Corporate Debtor, which affects the status and relevance of the Committee of Creditors in the ongoing appeal.
Sign in to view the parties.
Ms. Jasveen Kaur, representing the Committee of…
Appeal posted for…
Sign in to view related legal provisions.
The case pertains to Company Appeal (AT) (Ins) No. 10 of 2020 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant is CA Rita Gupta, and the respondents are Shilpi Cable Technologies Ltd. & Ors. Ms. Jasveen Kaur, representing the Committee of Creditors, submitted that since the Corporate Debtor has been sent into liquidation, the Committee of Creditors is no longer in existence.
CA Rita Gupta filed an appeal against Shilpi Cable Technologies Ltd. & Ors. before the NCLAT. Ms. Jasveen Kaur, representing the Committee of Creditors, informed the court that the Corporate Debtor has been sent into liquidation, rendering the Committee of Creditors non-existent. The court acknowledged this submission and directed the appeal to be listed for consideration under the caption 'For Admission (After Notice)' on 13th February, 2020. Other respondents are said to have filed reply. The key fact is the liquidation of the Corporate Debtor, which affects the status and relevance of the Committee of Creditors in the ongoing appeal.
Ms. Jasveen Kaur, representing the Committee of…
Appeal posted for…
Sign in to view related legal provisions.