The case involves an appeal against an order dated 24.01.2019 passed by the Adjudicating Authority (National Company Law Tribunal, Principal Bench, New Delhi) initiating Corporate Insolvency Resolution Process (CIRP) on a Section 7 application filed by Neeraj Gupta against Emaar MGF Land Ltd. The appeal was filed before the National Company Law Appellate Tribunal (NCLAT). Interim orders were passed on 01.02.2019. Civil Appeal No. 2502 of 2019 was filed against the order dated 01.02.2019, and the Supreme Court set aside the insolvency proceeding filed by Respondent No.2 (Neeraj Gupta). Subsequently, Respondent No.2 filed Civil Appeal No. 4433-4435/2019 before the Supreme Court challenging orders dated 04.04.2019, 05.04.2019 and 15.04.2019 passed by the NCLAT. The
…Neeraj Gupta, a financial creditor (allottee), filed a Section 7 application under the Insolvency and Bankruptcy Code (IBC) against Emaar MGF Land Ltd., leading to the initiation of CIRP by the Adjudicating Authority (NCLT). Emaar MGF Land Ltd. appealed against this order. During the pendency of the appeal, the Supreme Court, in Civil Appeal No. 2502 of 2019, set aside the insolvency proceedings initiated against Emaar MGF Land Ltd. Subsequently, Neeraj Gupta filed Civil Appeal No. 4433-4435/2019 challenging the interim orders passed by NCLAT. The Supreme Court disposed of these appeals, directing NCLAT to expedite the hearing of the Company Appeal (AT) (Ins.) No. 107 of 2019. The appellant argued that the Supreme Court's decision in Civil Appeal No. 2502 of 2019
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Neeraj Gupta filed…
Adjudicating Authority…
The case involves an appeal against an order dated 24.01.2019 passed by the Adjudicating Authority (National Company Law Tribunal, Principal Bench, New Delhi) initiating Corporate Insolvency Resolution Process (CIRP) on a Section 7 application filed by Neeraj Gupta against Emaar MGF Land Ltd. The appeal was filed before the National Company Law Appellate Tribunal (NCLAT). Interim orders were passed on 01.02.2019. Civil Appeal No. 2502 of 2019 was filed against the order dated 01.02.2019, and the Supreme Court set aside the insolvency proceeding filed by Respondent No.2 (Neeraj Gupta). Subsequently, Respondent No.2 filed Civil Appeal No. 4433-4435/2019 before the Supreme Court challenging orders dated 04.04.2019, 05.04.2019 and 15.04.2019 passed by the NCLAT. The
…Neeraj Gupta, a financial creditor (allottee), filed a Section 7 application under the Insolvency and Bankruptcy Code (IBC) against Emaar MGF Land Ltd., leading to the initiation of CIRP by the Adjudicating Authority (NCLT). Emaar MGF Land Ltd. appealed against this order. During the pendency of the appeal, the Supreme Court, in Civil Appeal No. 2502 of 2019, set aside the insolvency proceedings initiated against Emaar MGF Land Ltd. Subsequently, Neeraj Gupta filed Civil Appeal No. 4433-4435/2019 challenging the interim orders passed by NCLAT. The Supreme Court disposed of these appeals, directing NCLAT to expedite the hearing of the Company Appeal (AT) (Ins.) No. 107 of 2019. The appellant argued that the Supreme Court's decision in Civil Appeal No. 2502 of 2019
…Neeraj Gupta filed…
Adjudicating Authority…