The case involves a Company Appeal (AT) (Insolvency) No. 1205-1206 of 2019 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant's counsel submitted that after Terms of Settlement were brought to the notice of the Appellate Tribunal and the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, the Adjudicating Authority dismissed the application under Section 9 in view of the Terms of Settlement. Consequently, both appeals have become infructuous.
Sashidharan Marath filed an appeal against Olevia.Com & Anr. before the National Company Law Appellate Tribunal (NCLAT). The appellant's counsel informed the NCLAT that Terms of Settlement had been brought to the notice of both the NCLAT and the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench. The Adjudicating Authority, by order dated 13th November 2019, dismissed the application under Section 9 in view of the Terms of Settlement. As a result, both appeals before the NCLAT became infructuous. The NCLAT accepted this submission and disposed of the appeals.
Sign in to view the parties.
The Adjudicating Authority (National Company…
The NCLAT disposed of the appeals as…
The case involves a Company Appeal (AT) (Insolvency) No. 1205-1206 of 2019 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant's counsel submitted that after Terms of Settlement were brought to the notice of the Appellate Tribunal and the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, the Adjudicating Authority dismissed the application under Section 9 in view of the Terms of Settlement. Consequently, both appeals have become infructuous.
Sashidharan Marath filed an appeal against Olevia.Com & Anr. before the National Company Law Appellate Tribunal (NCLAT). The appellant's counsel informed the NCLAT that Terms of Settlement had been brought to the notice of both the NCLAT and the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench. The Adjudicating Authority, by order dated 13th November 2019, dismissed the application under Section 9 in view of the Terms of Settlement. As a result, both appeals before the NCLAT became infructuous. The NCLAT accepted this submission and disposed of the appeals.
The Adjudicating Authority (National Company…
The NCLAT disposed of the appeals as…