The case involves a request to rectify errors in an order dated 2020-06-08. The errors pertain to the time period for implementation of the resolution plan and a typographical error in the title line of the order. The resolution plan initially noted a 30-day implementation period, but the plan also indicated an upfront payment of Rs. 22.55 Crore.
The National Company Law Tribunal (NCLT) was considering RA-04/2020 to rectify errors in an order dated 2020-06-08. The initial order mentioned a 30-day implementation period for the resolution plan. However, the plan also indicated an upfront payment of Rs. 22.55 Crore. This discrepancy was not explicitly noted in Para 20 of the original order. Additionally, there was a typographical error in the title line regarding the section under which CA-856/2019 was filed. The applicant sought rectification of these errors. The key facts are the discrepancy in the implementation period and the upfront payment, and the typographical error in the title line, which prompted the rectification application.
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The case involves a request to rectify errors in an order dated 2020-06-08. The errors pertain to the time period for implementation of the resolution plan and a typographical error in the title line of the order. The resolution plan initially noted a 30-day implementation period, but the plan also indicated an upfront payment of Rs. 22.55 Crore.
The National Company Law Tribunal (NCLT) was considering RA-04/2020 to rectify errors in an order dated 2020-06-08. The initial order mentioned a 30-day implementation period for the resolution plan. However, the plan also indicated an upfront payment of Rs. 22.55 Crore. This discrepancy was not explicitly noted in Para 20 of the original order. Additionally, there was a typographical error in the title line regarding the section under which CA-856/2019 was filed. The applicant sought rectification of these errors. The key facts are the discrepancy in the implementation period and the upfront payment, and the typographical error in the title line, which prompted the rectification application.
Date of the original…
Date on which t…
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