The Applicants/Appellants sought permission from the tribunal to withdraw the Company Appeal (AT) No. 12 of 2022.
The Applicants/Appellants sought to withdraw Company Appeal (AT) No. 12 of 2022. The tribunal granted permission, dismissing the appeal as withdrawn. The tribunal clarified that this dismissal does not prevent the Applicants/Appellants from raising factual and legal pleas before the Adjudicating Authority (National Company Law Tribunal, Chandigarh Bench) in CP No. 83/CHD/PB/2021. This is relevant because it ensures that the Applicants/Appellants retain the right to pursue their case before the appropriate forum despite withdrawing the appeal.
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The Applicants/Appellants sought permission from the tribunal to withdraw the Company Appeal (AT) No. 12 of 2022.
The Applicants/Appellants sought to withdraw Company Appeal (AT) No. 12 of 2022. The tribunal granted permission, dismissing the appeal as withdrawn. The tribunal clarified that this dismissal does not prevent the Applicants/Appellants from raising factual and legal pleas before the Adjudicating Authority (National Company Law Tribunal, Chandigarh Bench) in CP No. 83/CHD/PB/2021. This is relevant because it ensures that the Applicants/Appellants retain the right to pursue their case before the appropriate forum despite withdrawing the appeal.
The Ld. Counsel for the Applicants/Appellants…
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