The appeal was filed challenging an order dated 11.11.2025 passed by the Adjudicating Authority (National Company Law Tribunal) Kolkata Bench, Kolkata in IA No.270/KB/2025 along with Contempt Petition No.04 of 2025 and IA No.1090 of 2025.
The Appellant challenged the order dated 11.11.2025 passed by the Adjudicating Authority (NCLT) Kolkata Bench.
The Adjudicating Authority declared IA No.270 of 2025 as infructuous due to the replacement of the Resolution Professional.
The Appellant claimed to have been a Financial Creditor with 71% voting share in the CoC but was later ousted.
The Appellant filed IA No.1878 of 2025 raising concerns about their illegal ousting from the CoC.
The new Resolution Professional issued Form G on 05.11.2025.
The Respondent's counsel argued that the appeal became infructuous due to the replacement of the Resolution Professional.
Sign in to view the parties.
Counsel for the…
Order passed by the Adjudicating Authority…
Sign in to view related legal provisions.
The appeal was filed challenging an order dated 11.11.2025 passed by the Adjudicating Authority (National Company Law Tribunal) Kolkata Bench, Kolkata in IA No.270/KB/2025 along with Contempt Petition No.04 of 2025 and IA No.1090 of 2025.
The Appellant challenged the order dated 11.11.2025 passed by the Adjudicating Authority (NCLT) Kolkata Bench.
The Adjudicating Authority declared IA No.270 of 2025 as infructuous due to the replacement of the Resolution Professional.
The Appellant claimed to have been a Financial Creditor with 71% voting share in the CoC but was later ousted.
The Appellant filed IA No.1878 of 2025 raising concerns about their illegal ousting from the CoC.
The new Resolution Professional issued Form G on 05.11.2025.
The Respondent's counsel argued that the appeal became infructuous due to the replacement of the Resolution Professional.
Counsel for the…
Order passed by the Adjudicating Authority…
Sign in to view related legal provisions.