The appeal was filed against an order dated 12.12.2024 passed by the Adjudicating Authority (National Company Law Tribunal), Chandigarh Bench, Chandigarh, which allowed IA No.1308 of 2022 filed by the Liquidator seeking ex-post facto approval/ratification/regularization of criminal complaints against the Ex-management.
The Liquidator filed IA No.1308 of 2022 seeking ex-post facto approval/ratification/regularization of criminal complaints filed against the Ex-management.
The Adjudicating Authority allowed the Liquidator's application.
The Appellant argued that the Adjudicating Authority did not provide reasons for granting ex-post facto approval.
The Liquidator was pursuing the amount of refund of Rs.12 Crore which was required to be received by the Corporate Debtor.
The Adjudicating Authority had permitted the Liquidator to pursue all litigations listed in Annexure ‘C-2' and consequential proceedings civil/ criminal.
The Liquidator filed an application IA No.405 of 2021, which was allowed on 28.04.2022.
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Order passed by the Adjudicating Authority…
Order passed in IA No.…
The appeal was filed against an order dated 12.12.2024 passed by the Adjudicating Authority (National Company Law Tribunal), Chandigarh Bench, Chandigarh, which allowed IA No.1308 of 2022 filed by the Liquidator seeking ex-post facto approval/ratification/regularization of criminal complaints against the Ex-management.
The Liquidator filed IA No.1308 of 2022 seeking ex-post facto approval/ratification/regularization of criminal complaints filed against the Ex-management.
The Adjudicating Authority allowed the Liquidator's application.
The Appellant argued that the Adjudicating Authority did not provide reasons for granting ex-post facto approval.
The Liquidator was pursuing the amount of refund of Rs.12 Crore which was required to be received by the Corporate Debtor.
The Adjudicating Authority had permitted the Liquidator to pursue all litigations listed in Annexure ‘C-2' and consequential proceedings civil/ criminal.
The Liquidator filed an application IA No.405 of 2021, which was allowed on 28.04.2022.
…Order passed by the Adjudicating Authority…
Order passed in IA No.…