This is a Company Appeal (AT) (Insolvency) No. 592 of 2019 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appeal concerns an application filed by the appellant for condonation of delay of 7 days. The court heard the counsel for the appellant and condoned the delay. The appeal raises questions regarding the procedure for referring matters to the Central Government or the Insolvency and Bankruptcy Board of India for alleged offenses under Chapter VII of Part II of the Insolvency and Bankruptcy Code, 2016.
M/s. Commune Properties India Pvt. Ltd. & Ors. filed an appeal before the NCLAT, New Delhi. The appeal was delayed by 7 days, and the appellant sought condonation of the delay. The court condoned the delay. The appeal raises questions about the procedure for referring matters to the Central Government or the Insolvency and Bankruptcy Board of India for alleged offenses under Chapter VII of Part II of the Insolvency and Bankruptcy Code, 2016. The court directed the impleadment of the Secretary, Ministry of Corporate Affairs, and the Chairman, Insolvency and Bankruptcy Board of India, as respondents. The case was posted for admission after notice on July 12, 2019.
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This is a Company Appeal (AT) (Insolvency) No. 592 of 2019 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appeal concerns an application filed by the appellant for condonation of delay of 7 days. The court heard the counsel for the appellant and condoned the delay. The appeal raises questions regarding the procedure for referring matters to the Central Government or the Insolvency and Bankruptcy Board of India for alleged offenses under Chapter VII of Part II of the Insolvency and Bankruptcy Code, 2016.
M/s. Commune Properties India Pvt. Ltd. & Ors. filed an appeal before the NCLAT, New Delhi. The appeal was delayed by 7 days, and the appellant sought condonation of the delay. The court condoned the delay. The appeal raises questions about the procedure for referring matters to the Central Government or the Insolvency and Bankruptcy Board of India for alleged offenses under Chapter VII of Part II of the Insolvency and Bankruptcy Code, 2016. The court directed the impleadment of the Secretary, Ministry of Corporate Affairs, and the Chairman, Insolvency and Bankruptcy Board of India, as respondents. The case was posted for admission after notice on July 12, 2019.
An application was…
The court condoned the…
Sign in to view related legal provisions.