The case pertains to Company Appeal (AT)(Insolvency) No. 252 of 2017 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant, CKPL Steels Pvt Ltd, sought to withdraw the appeal.
CKPL Steels Pvt Ltd filed an appeal before the National Company Law Appellate Tribunal (NCLAT) against Ashok Magnetics Ltd. During the proceedings, the appellant, CKPL Steels Pvt Ltd, through its counsel Mr. Sahil Mullick, sought to withdraw the appeal. The respondents, Ashok Magnetics Ltd, through their counsel Mr. Arnav Das and others, did not object to the withdrawal. The NCLAT considered the submissions and dismissed the appeal as withdrawn without granting liberty to challenge the impugned order again. This means CKPL Steels Pvt Ltd cannot re-litigate the same issue before the NCLAT.
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The case pertains to Company Appeal (AT)(Insolvency) No. 252 of 2017 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant, CKPL Steels Pvt Ltd, sought to withdraw the appeal.
CKPL Steels Pvt Ltd filed an appeal before the National Company Law Appellate Tribunal (NCLAT) against Ashok Magnetics Ltd. During the proceedings, the appellant, CKPL Steels Pvt Ltd, through its counsel Mr. Sahil Mullick, sought to withdraw the appeal. The respondents, Ashok Magnetics Ltd, through their counsel Mr. Arnav Das and others, did not object to the withdrawal. The NCLAT considered the submissions and dismissed the appeal as withdrawn without granting liberty to challenge the impugned order again. This means CKPL Steels Pvt Ltd cannot re-litigate the same issue before the NCLAT.
The NCLAT dismissed the appeal as withdrawn…
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