The State Trading Corporation of India filed an appeal against an order dated 13.02.2020 passed by the Adjudicating Authority (National Company Law Tribunal, Mumbai Bench). The order pertained to an application filed under Section 9 of the Code for resolution of an amount of Rs. 24,26,44,490/-, where the Corporate Debtor was directed to make a payment of Rs. 2,18,88,421 within 30 days. The appeal was accompanied by an application (I.A. No. 304 of 2022) seeking condonation of delay in filing the appeal, citing the extended period of limitation due to orders passed by the Supreme Court during the COVID-19 pandemic.
The State Trading Corporation of India (Appellant) filed an appeal against an order dated 13.02.2020 passed by the Adjudicating Authority (NCLT, Mumbai Bench) regarding an application under Section 9 of the Code. The Corporate Debtor was directed to pay Rs. 2,18,88,421. The Appellant filed the appeal along with I.A. No. 304 of 2022 seeking condonation of delay, citing Supreme Court orders extending limitation during the COVID-19 pandemic. The Appellant received a certified copy of the impugned order on 12.03.2020 and filed the appeal on 25.08.2021. The Respondent argued that the limitation period expired on 14.03.2020 and the appeal was filed beyond the extended period. The Supreme Court issued orders on 23.03.2020, 08.03.2021, and 10.01.2022 extending limitation due
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The Adjudicating Authority (NCLT, Mumbai Bench)…
The Supreme Court passed an order extending the…
The State Trading Corporation of India filed an appeal against an order dated 13.02.2020 passed by the Adjudicating Authority (National Company Law Tribunal, Mumbai Bench). The order pertained to an application filed under Section 9 of the Code for resolution of an amount of Rs. 24,26,44,490/-, where the Corporate Debtor was directed to make a payment of Rs. 2,18,88,421 within 30 days. The appeal was accompanied by an application (I.A. No. 304 of 2022) seeking condonation of delay in filing the appeal, citing the extended period of limitation due to orders passed by the Supreme Court during the COVID-19 pandemic.
The State Trading Corporation of India (Appellant) filed an appeal against an order dated 13.02.2020 passed by the Adjudicating Authority (NCLT, Mumbai Bench) regarding an application under Section 9 of the Code. The Corporate Debtor was directed to pay Rs. 2,18,88,421. The Appellant filed the appeal along with I.A. No. 304 of 2022 seeking condonation of delay, citing Supreme Court orders extending limitation during the COVID-19 pandemic. The Appellant received a certified copy of the impugned order on 12.03.2020 and filed the appeal on 25.08.2021. The Respondent argued that the limitation period expired on 14.03.2020 and the appeal was filed beyond the extended period. The Supreme Court issued orders on 23.03.2020, 08.03.2021, and 10.01.2022 extending limitation due
…The Adjudicating Authority (NCLT, Mumbai Bench)…
The Supreme Court passed an order extending the…