The case pertains to Company Appeal (AT) (Insolvency) No. 1056 of 2019 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The Appellant is Rajesh Goyal, and the Respondents are Babita Gupta & Ors. The matter was discussed earlier, but there was no record of any settlement reached by the Appellant with the allottees, creditors, or other 'Financial Creditors', 'Financial Institutions', or 'Operational Creditors'.
Rajesh Goyal filed an appeal against Babita Gupta & Ors. before the NCLAT. The court noted the absence of any settlement between the appellant and the allottees, creditors, or financial institutions. The appellant was given time until January 17, 2020, to submit an affidavit detailing any settlement terms reached with the Interim Resolution Professional or Insolvency Professional, as well as a timeline for project completion and disbursement details. The case was then scheduled for orders on January 20, 2020. The key fact is the lack of evidence of settlement, prompting the court to seek further information from the appellant.
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The matter was…
Appellant given time until January 17th, 2020,…
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The case pertains to Company Appeal (AT) (Insolvency) No. 1056 of 2019 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The Appellant is Rajesh Goyal, and the Respondents are Babita Gupta & Ors. The matter was discussed earlier, but there was no record of any settlement reached by the Appellant with the allottees, creditors, or other 'Financial Creditors', 'Financial Institutions', or 'Operational Creditors'.
Rajesh Goyal filed an appeal against Babita Gupta & Ors. before the NCLAT. The court noted the absence of any settlement between the appellant and the allottees, creditors, or financial institutions. The appellant was given time until January 17, 2020, to submit an affidavit detailing any settlement terms reached with the Interim Resolution Professional or Insolvency Professional, as well as a timeline for project completion and disbursement details. The case was then scheduled for orders on January 20, 2020. The key fact is the lack of evidence of settlement, prompting the court to seek further information from the appellant.
The matter was…
Appellant given time until January 17th, 2020,…
Sign in to view related legal provisions.