The case involves an appeal against an order dated 06.04.2022 passed by the Adjudicating Authority (National Company Law Tribunal), New Delhi, Principal Bench, which rejected an application filed by the Appellant, M/s. Entertainment City Limited, in a matter involving Simran Kaur & Ors. Vs. Entertainment City Limited. The appellant contended that a moratorium imposed by the Hon'ble Supreme Court in orders dated 20.01.2020 and 24.03.2021, related to Unitech Limited and its subsidiaries, should also apply to the appellant, a joint venture of Unitech Holdings Limited. The Adjudicating Authority rejected the application, holding that the appellant failed to prove it was a subsidiary of Unitech Holdings Limited.
M/s. Entertainment City Limited (the Appellant) filed an appeal against an order dated 06.04.2022 passed by the Adjudicating Authority (National Company Law Tribunal), New Delhi. The Adjudicating Authority rejected an application filed by the Appellant in the matter of Simran Kaur & Ors. Vs. Entertainment City Limited. The Appellant contended that a moratorium imposed by the Hon'ble Supreme Court in orders dated 20.01.2020 and 24.03.2021, related to Unitech Limited and its subsidiaries, should also apply to the Appellant. The Appellant is a joint venture of Unitech Holdings Limited. The Adjudicating Authority rejected the application, holding that the Appellant failed to prove it was a subsidiary of Unitech Holdings Limited. The Hon'ble Supreme Court passed an
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The Hon'ble Supreme Court passed an order in…
An Application under Section 7 of the…
The case involves an appeal against an order dated 06.04.2022 passed by the Adjudicating Authority (National Company Law Tribunal), New Delhi, Principal Bench, which rejected an application filed by the Appellant, M/s. Entertainment City Limited, in a matter involving Simran Kaur & Ors. Vs. Entertainment City Limited. The appellant contended that a moratorium imposed by the Hon'ble Supreme Court in orders dated 20.01.2020 and 24.03.2021, related to Unitech Limited and its subsidiaries, should also apply to the appellant, a joint venture of Unitech Holdings Limited. The Adjudicating Authority rejected the application, holding that the appellant failed to prove it was a subsidiary of Unitech Holdings Limited.
M/s. Entertainment City Limited (the Appellant) filed an appeal against an order dated 06.04.2022 passed by the Adjudicating Authority (National Company Law Tribunal), New Delhi. The Adjudicating Authority rejected an application filed by the Appellant in the matter of Simran Kaur & Ors. Vs. Entertainment City Limited. The Appellant contended that a moratorium imposed by the Hon'ble Supreme Court in orders dated 20.01.2020 and 24.03.2021, related to Unitech Limited and its subsidiaries, should also apply to the Appellant. The Appellant is a joint venture of Unitech Holdings Limited. The Adjudicating Authority rejected the application, holding that the Appellant failed to prove it was a subsidiary of Unitech Holdings Limited. The Hon'ble Supreme Court passed an
…The Hon'ble Supreme Court passed an order in…
An Application under Section 7 of the…