The appeal challenges an order dated 2024-11-28 by the NCLT, Chennai Bench, in CP No.211/(CHE)/2022. The NCLT allowed a Section 9 application preferred by Respondent No. 1, the Operational Creditor, and admitted M/s. Sangam Metals Pvt. Ltd., the Corporate Debtor, into CIRP proceedings. The appellant argues that the Section 9 application is barred by limitation, even considering extensions due to the Covid-19 situation based on a Supreme Court judgment.
S Arun, the suspended director of Sargam Metals Pvt. Ltd., is the appellant. Neeraj Agarwal, the proprietor of Ambal Agencies & Anr., is the respondent. The NCLT, Chennai Bench, admitted M/s. Sangam Metals Pvt. Ltd. into CIRP proceedings based on a Section 9 application filed by the operational creditor, Respondent No. 1. The appellant contends that the Section 9 application is barred by limitation, even after considering the extensions granted due to the Covid-19 pandemic as per a Supreme Court judgment. The order under challenge is dated 2024-11-28. The appellant is required to supply the email address and WhatsApp number of Respondent No. 1 to facilitate service of notice.
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Date of the Supreme Court judgment regarding…
CP No.211/(CHE)/2022…
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The appeal challenges an order dated 2024-11-28 by the NCLT, Chennai Bench, in CP No.211/(CHE)/2022. The NCLT allowed a Section 9 application preferred by Respondent No. 1, the Operational Creditor, and admitted M/s. Sangam Metals Pvt. Ltd., the Corporate Debtor, into CIRP proceedings. The appellant argues that the Section 9 application is barred by limitation, even considering extensions due to the Covid-19 situation based on a Supreme Court judgment.
S Arun, the suspended director of Sargam Metals Pvt. Ltd., is the appellant. Neeraj Agarwal, the proprietor of Ambal Agencies & Anr., is the respondent. The NCLT, Chennai Bench, admitted M/s. Sangam Metals Pvt. Ltd. into CIRP proceedings based on a Section 9 application filed by the operational creditor, Respondent No. 1. The appellant contends that the Section 9 application is barred by limitation, even after considering the extensions granted due to the Covid-19 pandemic as per a Supreme Court judgment. The order under challenge is dated 2024-11-28. The appellant is required to supply the email address and WhatsApp number of Respondent No. 1 to facilitate service of notice.
Date of the Supreme Court judgment regarding…
CP No.211/(CHE)/2022…
Sign in to view related legal provisions.