The appeal was filed against the order of the National Company Law Tribunal, Mumbai Bench, Court-VI dated 28.05.2025, which granted liberty to the applicant to amend Form No.1 to change the date of default and allowed the respondent to file a reply to the amended Form-1.
The Appellant filed an appeal against the impugned order of the Adjudicating Authority.
The Adjudicating Authority granted liberty to the applicant to amend Form No.1 to change the date of default.
The Respondent was allowed to file a reply to the amended Form-1 within seven days.
The Appellant argued that the amendment was allowed without providing an opportunity to be heard.
The Respondent contended that the amendment was only to clarify the date of default.
The Corporate Debtor's bank account was declared NPA on 06.07.2024.
The original date of default mentioned in Form No.1 was 05.04.2024.
The amended date of default in Form No.1 is 10.04.2024.
Both dates of default fall within the limitation period.
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The National Company Law Tribunal, Mumbai…
The National Company…
The appeal was filed against the order of the National Company Law Tribunal, Mumbai Bench, Court-VI dated 28.05.2025, which granted liberty to the applicant to amend Form No.1 to change the date of default and allowed the respondent to file a reply to the amended Form-1.
The Appellant filed an appeal against the impugned order of the Adjudicating Authority.
The Adjudicating Authority granted liberty to the applicant to amend Form No.1 to change the date of default.
The Respondent was allowed to file a reply to the amended Form-1 within seven days.
The Appellant argued that the amendment was allowed without providing an opportunity to be heard.
The Respondent contended that the amendment was only to clarify the date of default.
The Corporate Debtor's bank account was declared NPA on 06.07.2024.
The original date of default mentioned in Form No.1 was 05.04.2024.
The amended date of default in Form No.1 is 10.04.2024.
Both dates of default fall within the limitation period.
The National Company Law Tribunal, Mumbai…
The National Company…