The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning an insolvency matter. The appellant, Vinod Kumar Mishra, raised the issue of limitation. However, the appellant's counsel sought to withdraw the appeal after being confronted with the acknowledgement of debt by the Corporate Debtor and the existence of a duly approved One Time Settlement (OTS) on which some payment had been made.
Vinod Kumar Mishra filed an appeal before the NCLAT concerning an insolvency matter. During the proceedings, the appellant's counsel raised the issue of limitation. However, it was brought to the counsel's attention that the Corporate Debtor had acknowledged the debt and that a One Time Settlement (OTS) had been duly approved and partially acted upon. Consequently, the appellant, present in person, instructed his counsel to withdraw the appeal. The court then dismissed the appeal as withdrawn.
Sign in to view the parties.
The appellant's counsel sought to withdraw the…
Sign in to view related legal provisions.
The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT) concerning an insolvency matter. The appellant, Vinod Kumar Mishra, raised the issue of limitation. However, the appellant's counsel sought to withdraw the appeal after being confronted with the acknowledgement of debt by the Corporate Debtor and the existence of a duly approved One Time Settlement (OTS) on which some payment had been made.
Vinod Kumar Mishra filed an appeal before the NCLAT concerning an insolvency matter. During the proceedings, the appellant's counsel raised the issue of limitation. However, it was brought to the counsel's attention that the Corporate Debtor had acknowledged the debt and that a One Time Settlement (OTS) had been duly approved and partially acted upon. Consequently, the appellant, present in person, instructed his counsel to withdraw the appeal. The court then dismissed the appeal as withdrawn.
The appellant's counsel sought to withdraw the…
Sign in to view related legal provisions.