The Company Appeal (AT) (CH) (INS) No. 337 / 2022 was instituted before the NCLAT, Chennai, challenging the Impugned Judgment of the NCLT, Kochi Bench dated 21.01.2022. The NCLT allowed the Liquidator to include certain lands owned by the Appellants and leased to the Corporate Debtor under Liquidation in the `Liquidation Estate'. The Appellants filed an appeal against this decision. The appeal was initially rejected by the NCLAT due to being filed beyond the prescribed time limit. The Appellants then appealed to the Supreme Court, which allowed the appeal and directed the NCLAT to hear the appeal on its merits.
M.K. Resely and others (Appellants) challenged an order by the NCLT, Kochi Bench, which allowed the Liquidator to include certain lands owned by the Appellants and leased to the Corporate Debtor in the Liquidation Estate. The Appellants filed Company Appeal (AT) (CH) (INS) No. 337 / 2022 before the NCLAT. The NCLAT initially rejected the appeal due to a delay, but the Supreme Court directed the NCLAT to hear the appeal on its merits. The Appellants were heard during the NCLT proceedings but were not formally parties. The Appellants also filed a Writ Petition before the High Court of Kerala seeking an Interim Order, which they did not disclose to the NCLAT. The NCLT order under challenge was dated 21.01.2022. The Appellants had also filed a Writ Petition No. 30146 /
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NCLT, Kochi Bench passed an order in MA / 76…
The Appellants filed Company Appeal (AT) (CH)…
The Company Appeal (AT) (CH) (INS) No. 337 / 2022 was instituted before the NCLAT, Chennai, challenging the Impugned Judgment of the NCLT, Kochi Bench dated 21.01.2022. The NCLT allowed the Liquidator to include certain lands owned by the Appellants and leased to the Corporate Debtor under Liquidation in the `Liquidation Estate'. The Appellants filed an appeal against this decision. The appeal was initially rejected by the NCLAT due to being filed beyond the prescribed time limit. The Appellants then appealed to the Supreme Court, which allowed the appeal and directed the NCLAT to hear the appeal on its merits.
M.K. Resely and others (Appellants) challenged an order by the NCLT, Kochi Bench, which allowed the Liquidator to include certain lands owned by the Appellants and leased to the Corporate Debtor in the Liquidation Estate. The Appellants filed Company Appeal (AT) (CH) (INS) No. 337 / 2022 before the NCLAT. The NCLAT initially rejected the appeal due to a delay, but the Supreme Court directed the NCLAT to hear the appeal on its merits. The Appellants were heard during the NCLT proceedings but were not formally parties. The Appellants also filed a Writ Petition before the High Court of Kerala seeking an Interim Order, which they did not disclose to the NCLAT. The NCLT order under challenge was dated 21.01.2022. The Appellants had also filed a Writ Petition No. 30146 /
…NCLT, Kochi Bench passed an order in MA / 76…
The Appellants filed Company Appeal (AT) (CH)…