The appeal was filed against the order dated 2022-05-13 in CP (IB) No. 231 (PB)/2022 passed by the Adjudicating Authority (National Company Law Tribunal, Principal Bench, New Delhi), whereby an application filed by Religare Comtrade Limited- Respondent No. 1 under Section 7 of the IBC Code has been admitted. The appellant claims that the respondent filed the application under Section 7 to defeat the appellant's claim, and that the Supreme Court had stayed all proceedings before the NCLT filed under Section 7, including the proceedings initiated by Religare Comtrade Limited.
Daiichi Sankyo Ltd. filed an appeal against the order dated 2022-05-13 passed by the Adjudicating Authority (National Company Law Tribunal, Principal Bench, New Delhi) in CP (IB) No. 231 (PB)/2022. The order admitted an application filed by Religare Comtrade Limited- Respondent No. 1 under Section 7 of the IBC Code. Daiichi Sankyo Ltd. claims that Religare Comtrade Limited filed the application under Section 7 to defeat the claim of the Appellant. The Appellant also claims that the Hon'ble Supreme Court of India had passed an Interim Order on 2019-04-05 in SLP 2447/2019 and stayed all proceedings before the NCLT filed under Section 7, including the proceedings initiated by Religare Comtrade Limited. The Appellant argues that the NCLT order was obtained without
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Order passed by the Adjudicating Authority…
Hon'ble Supreme Court of India passed an…
The appeal was filed against the order dated 2022-05-13 in CP (IB) No. 231 (PB)/2022 passed by the Adjudicating Authority (National Company Law Tribunal, Principal Bench, New Delhi), whereby an application filed by Religare Comtrade Limited- Respondent No. 1 under Section 7 of the IBC Code has been admitted. The appellant claims that the respondent filed the application under Section 7 to defeat the appellant's claim, and that the Supreme Court had stayed all proceedings before the NCLT filed under Section 7, including the proceedings initiated by Religare Comtrade Limited.
Daiichi Sankyo Ltd. filed an appeal against the order dated 2022-05-13 passed by the Adjudicating Authority (National Company Law Tribunal, Principal Bench, New Delhi) in CP (IB) No. 231 (PB)/2022. The order admitted an application filed by Religare Comtrade Limited- Respondent No. 1 under Section 7 of the IBC Code. Daiichi Sankyo Ltd. claims that Religare Comtrade Limited filed the application under Section 7 to defeat the claim of the Appellant. The Appellant also claims that the Hon'ble Supreme Court of India had passed an Interim Order on 2019-04-05 in SLP 2447/2019 and stayed all proceedings before the NCLT filed under Section 7, including the proceedings initiated by Religare Comtrade Limited. The Appellant argues that the NCLT order was obtained without
…Order passed by the Adjudicating Authority…
Hon'ble Supreme Court of India passed an…