This is a Company Appeal (AT) No. 271 of 2019, arising out of an order dated 24.06.2019 in IA/169/2019 in CP/660/241/HDB/2018 passed by the National Company Law Tribunal, Hyderabad Bench. The appeal was initially heard on 29.04.2024, and the Company Appeal was permitted to be dismissed as withdrawn at the request of the Appellant's Counsel. However, the order could not be uploaded due to transcription and signing delays. The matter was then placed afresh before the Tribunal.
State Bank of India, through its Stressed Assets Resolution Group, filed a Company Appeal. The appeal was against multiple respondents, including India Power Corporation Ltd., Rural Electrification Corporation Limited, Punjab National Bank, Andhra Bank, Bank of India, United Bank of India, Punjab and Sindh Bank, Oriental Bank of Commerce, India Infra Fin Co. Limited, IDBI Bank, UCO Bank, PTC India Financial Services Limited, SBICAP Securities Limited, SBICAP Trustee Company Limited, and Meenakshi Energy Limited. The Appellant sought to withdraw the appeal, and the Tribunal considered this request.
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Order dated 24.06.2019 in IA/169/2019 in…
Company Appea…
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This is a Company Appeal (AT) No. 271 of 2019, arising out of an order dated 24.06.2019 in IA/169/2019 in CP/660/241/HDB/2018 passed by the National Company Law Tribunal, Hyderabad Bench. The appeal was initially heard on 29.04.2024, and the Company Appeal was permitted to be dismissed as withdrawn at the request of the Appellant's Counsel. However, the order could not be uploaded due to transcription and signing delays. The matter was then placed afresh before the Tribunal.
State Bank of India, through its Stressed Assets Resolution Group, filed a Company Appeal. The appeal was against multiple respondents, including India Power Corporation Ltd., Rural Electrification Corporation Limited, Punjab National Bank, Andhra Bank, Bank of India, United Bank of India, Punjab and Sindh Bank, Oriental Bank of Commerce, India Infra Fin Co. Limited, IDBI Bank, UCO Bank, PTC India Financial Services Limited, SBICAP Securities Limited, SBICAP Trustee Company Limited, and Meenakshi Energy Limited. The Appellant sought to withdraw the appeal, and the Tribunal considered this request.
Order dated 24.06.2019 in IA/169/2019 in…
Company Appea…
Sign in to view related legal provisions.