The appellant challenged an order dated 12.06.2019 and 04.11.2019 passed by NCLT, Chennai, which affirmed a resolution plan. The appellant had sought a recall of the order approving the resolution plan, which was rejected. Subsequently, the appellant filed revision petitions before the High Court of Madras, which were dismissed. The appellant then challenged the order of 04.11.2019 before the NCLAT.
Hero Exports, represented by its Constituted Attorney, filed a company appeal challenging the impugned order dated 12.06.2019 and 04.11.2019 passed by NCLT, Chennai in CP(39/IB/2018). The NCLT order affirmed a resolution plan. The appellant had initially sought a recall of the order approving the resolution plan, but this was rejected on 04.11.2019. The appellant then filed revision petitions before the High Court of Madras, which were dismissed on 11.02.2020. The appellant approached the High Court under Article 227 of the Constitution of India. The appellant then filed the company appeal before the NCLAT. The key fact is that the appellant did not challenge the original order approving the resolution plan, but only the order rejecting the recall application. The
…Sign in to view the parties.
NCLT, Chennai passed an…
The appellant's application for recall of the…
The appellant challenged an order dated 12.06.2019 and 04.11.2019 passed by NCLT, Chennai, which affirmed a resolution plan. The appellant had sought a recall of the order approving the resolution plan, which was rejected. Subsequently, the appellant filed revision petitions before the High Court of Madras, which were dismissed. The appellant then challenged the order of 04.11.2019 before the NCLAT.
Hero Exports, represented by its Constituted Attorney, filed a company appeal challenging the impugned order dated 12.06.2019 and 04.11.2019 passed by NCLT, Chennai in CP(39/IB/2018). The NCLT order affirmed a resolution plan. The appellant had initially sought a recall of the order approving the resolution plan, but this was rejected on 04.11.2019. The appellant then filed revision petitions before the High Court of Madras, which were dismissed on 11.02.2020. The appellant approached the High Court under Article 227 of the Constitution of India. The appellant then filed the company appeal before the NCLAT. The key fact is that the appellant did not challenge the original order approving the resolution plan, but only the order rejecting the recall application. The
…NCLT, Chennai passed an…
The appellant's application for recall of the…