The appeal was filed against an order dated 2024-06-27 passed by the National Company Law Tribunal, Mumbai Bench, in I.A. No. 3142/2024 in C.P. (IB) No. 3169 (MB) 2019. The application was filed for amendment in I.A. 91/2021, and the amendment as prayed was allowed.
Kashyap Mehta filed an appeal against an order passed by the National Company Law Tribunal (NCLT), Mumbai Bench. The order pertained to I.A. No. 3142/2024 in C.P. (IB) No. 3169 (MB) 2019, where an application for amendment in I.A. 91/2021 was allowed. The appellant argued that only the Resolution Professional (RP) is entitled to pursue applications under Sections 43, 45, 46, 66 & 67 of the relevant act, and the NCLT erred in allowing the amendment. The respondent argued that the issue was covered by a previous Tribunal decision in `Kapil Wadhawan’Vs. `Piramal Capital & Housing Finance Ltd. & Ors.' The Tribunal upheld the Adjudicating Authority's order and dismissed the appeal.
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The appeal was filed against an order dated 2024-06-27 passed by the National Company Law Tribunal, Mumbai Bench, in I.A. No. 3142/2024 in C.P. (IB) No. 3169 (MB) 2019. The application was filed for amendment in I.A. 91/2021, and the amendment as prayed was allowed.
Kashyap Mehta filed an appeal against an order passed by the National Company Law Tribunal (NCLT), Mumbai Bench. The order pertained to I.A. No. 3142/2024 in C.P. (IB) No. 3169 (MB) 2019, where an application for amendment in I.A. 91/2021 was allowed. The appellant argued that only the Resolution Professional (RP) is entitled to pursue applications under Sections 43, 45, 46, 66 & 67 of the relevant act, and the NCLT erred in allowing the amendment. The respondent argued that the issue was covered by a previous Tribunal decision in `Kapil Wadhawan’Vs. `Piramal Capital & Housing Finance Ltd. & Ors.' The Tribunal upheld the Adjudicating Authority's order and dismissed the appeal.
The Adjudicating Authority (National Company…
Counsel for the…
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