The appellant challenged the order dated May 23, 2019, passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi, which stated that there is a stay of proceedings before the Tribunal issued by the Supreme Court in Civil Appeal No. 597 of 2019 in respect of the corporate debtor. Consequently, the hearing was deferred to August 6, 2019.
The appellant, Jaswinder Singh Ahuja & Anr., filed an appeal against the order dated May 23, 2019, passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi. The Adjudicating Authority's order stated that there was a stay of proceedings before the Tribunal issued by the Supreme Court in Civil Appeal No. 597 of 2019 in respect of the corporate debtor, and the hearing was deferred to August 6, 2019. The appellant argued that they were not claiming to be a 'Financial Creditor' under Section 5(8) of the Insolvency and Bankruptcy Code, 2016, and had disbursed the amount of the time value of money independently. The insolvency resolution process had been stayed against the 'Corporate Debtor'. The stay order was filed at the instance
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The Adjudicating Authority (National Company…
The Appellant challenged the order dated May…
The appellant challenged the order dated May 23, 2019, passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi, which stated that there is a stay of proceedings before the Tribunal issued by the Supreme Court in Civil Appeal No. 597 of 2019 in respect of the corporate debtor. Consequently, the hearing was deferred to August 6, 2019.
The appellant, Jaswinder Singh Ahuja & Anr., filed an appeal against the order dated May 23, 2019, passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi. The Adjudicating Authority's order stated that there was a stay of proceedings before the Tribunal issued by the Supreme Court in Civil Appeal No. 597 of 2019 in respect of the corporate debtor, and the hearing was deferred to August 6, 2019. The appellant argued that they were not claiming to be a 'Financial Creditor' under Section 5(8) of the Insolvency and Bankruptcy Code, 2016, and had disbursed the amount of the time value of money independently. The insolvency resolution process had been stayed against the 'Corporate Debtor'. The stay order was filed at the instance
…The Adjudicating Authority (National Company…
The Appellant challenged the order dated May…