The case involves an appeal filed under Section 61 of the Insolvency & Bankruptcy Code, 2016, challenging an order dated 09.05.2022 passed by the Adjudicating Authority (National Company Law Tribunal, New Delhi, Principal Bench) in CP (IB)-449 (PB)/2019. The appellant sought condonation for a delay of 11 days in filing the appeal, which was granted. A previous appeal (Company Appeal (AT) (Ins.) No. 723 of 2022) involving similar parties was dismissed on 05.07.2022.
Veena Goel filed an appeal against Piyush Colonisers Ltd through RP & Ors. The appeal was filed under Section 61 of the Insolvency & Bankruptcy Code, 2016, challenging the order dated 09.05.2022 in CP (IB)-449 (PB)/2019 passed by the Adjudicating Authority (National Company Law Tribunal, New Delhi, Principal Bench). There was a delay of 11 days in filing the appeal, which was condoned. A previous appeal, Company Appeal (AT) (Ins.) No. 723 of 2022, involving Punjab National Bank & Ors. Vs. Piyush Colonisers Ltd., was dismissed on 05.07.2022. The appellant cited the judgement passed in Punjab National Bank & Ors. Vs. Piyush Colonisers Ltd. which permits the Appellant to take recourse of Section 27 and in event, the CoC with requisite majority resolve that
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The Adjudicating Authority (National Company…
Company Appeal (AT) (Ins.) No. 723 of 2022 in…
The case involves an appeal filed under Section 61 of the Insolvency & Bankruptcy Code, 2016, challenging an order dated 09.05.2022 passed by the Adjudicating Authority (National Company Law Tribunal, New Delhi, Principal Bench) in CP (IB)-449 (PB)/2019. The appellant sought condonation for a delay of 11 days in filing the appeal, which was granted. A previous appeal (Company Appeal (AT) (Ins.) No. 723 of 2022) involving similar parties was dismissed on 05.07.2022.
Veena Goel filed an appeal against Piyush Colonisers Ltd through RP & Ors. The appeal was filed under Section 61 of the Insolvency & Bankruptcy Code, 2016, challenging the order dated 09.05.2022 in CP (IB)-449 (PB)/2019 passed by the Adjudicating Authority (National Company Law Tribunal, New Delhi, Principal Bench). There was a delay of 11 days in filing the appeal, which was condoned. A previous appeal, Company Appeal (AT) (Ins.) No. 723 of 2022, involving Punjab National Bank & Ors. Vs. Piyush Colonisers Ltd., was dismissed on 05.07.2022. The appellant cited the judgement passed in Punjab National Bank & Ors. Vs. Piyush Colonisers Ltd. which permits the Appellant to take recourse of Section 27 and in event, the CoC with requisite majority resolve that
…The Adjudicating Authority (National Company…
Company Appeal (AT) (Ins.) No. 723 of 2022 in…