The case involves an appeal against an order dated 22.12.2022 passed by the Adjudicating Authority (National Company Law Tribunal), New Delhi Bench, Court-V in I.A. No. 111/2022 in CP (IB)/2354/ND/2019. The appeal is filed under Section 61 of the Insolvency and Bankruptcy Code, 2016.
The appeal is against an order dated 22.12.2022 passed by the Adjudicating Authority (NCLT), New Delhi.
The appellant filed an application for condonation of delay, claiming the order was received on 08.01.2023.
The liquidator opposed the condonation, stating the order was communicated earlier via email and speed post.
The appellant was Respondent No.2 in the original application before the Adjudicating Authority.
The Adjudicating Authority allowed the application filed by the Liquidator and directed for reversal of the transaction in favour of the Corporate Debtor.
The Adjudicating Authority proceeded ex-parte against the Respondent No.2 (Appellant herein) since despite serving notice, Respondent No.2 did not appear.
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Order passed by the Adjudicating Authority…
Appeal e-filed against…
The case involves an appeal against an order dated 22.12.2022 passed by the Adjudicating Authority (National Company Law Tribunal), New Delhi Bench, Court-V in I.A. No. 111/2022 in CP (IB)/2354/ND/2019. The appeal is filed under Section 61 of the Insolvency and Bankruptcy Code, 2016.
The appeal is against an order dated 22.12.2022 passed by the Adjudicating Authority (NCLT), New Delhi.
The appellant filed an application for condonation of delay, claiming the order was received on 08.01.2023.
The liquidator opposed the condonation, stating the order was communicated earlier via email and speed post.
The appellant was Respondent No.2 in the original application before the Adjudicating Authority.
The Adjudicating Authority allowed the application filed by the Liquidator and directed for reversal of the transaction in favour of the Corporate Debtor.
The Adjudicating Authority proceeded ex-parte against the Respondent No.2 (Appellant herein) since despite serving notice, Respondent No.2 did not appear.
Order passed by the Adjudicating Authority…
Appeal e-filed against…