The case involves an application related to Eicher Polaris Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi. The Hon'ble NCLAT had previously passed an order on 05.04.2024 in Company Appeal (AT) (Ins) No. 1596 of 2023, upholding the Adjudicating Authority's direction to permit the Intervenor to intervene. However, the NCLAT set aside the direction of the Adjudicating Authority (in para 12 of that order) regarding the impleading of Respondent No.1 and also set aside observations and findings given by the Adjudicating Authority (in para 9 of that order).
The case pertains to Eicher Polaris Pvt. Ltd. before the NCLT. The Hon'ble NCLAT issued an order on 05.04.2024 in Company Appeal (AT) (Ins) No. 1596 of 2023, which upheld the Adjudicating Authority's decision to allow an Intervenor to participate in the matter. However, the NCLAT also reversed the Adjudicating Authority's direction to implead Respondent No. 1 and set aside certain observations and findings. The Intervenor's counsel requested time to argue the matter before the NCLT. The NCLT then scheduled the hearing for 29.07.2024.
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NCLAT passed an order in Company Appeal (AT)…
NCLT acknowledged the NCLAT's order and…
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The case involves an application related to Eicher Polaris Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi. The Hon'ble NCLAT had previously passed an order on 05.04.2024 in Company Appeal (AT) (Ins) No. 1596 of 2023, upholding the Adjudicating Authority's direction to permit the Intervenor to intervene. However, the NCLAT set aside the direction of the Adjudicating Authority (in para 12 of that order) regarding the impleading of Respondent No.1 and also set aside observations and findings given by the Adjudicating Authority (in para 9 of that order).
The case pertains to Eicher Polaris Pvt. Ltd. before the NCLT. The Hon'ble NCLAT issued an order on 05.04.2024 in Company Appeal (AT) (Ins) No. 1596 of 2023, which upheld the Adjudicating Authority's decision to allow an Intervenor to participate in the matter. However, the NCLAT also reversed the Adjudicating Authority's direction to implead Respondent No. 1 and set aside certain observations and findings. The Intervenor's counsel requested time to argue the matter before the NCLT. The NCLT then scheduled the hearing for 29.07.2024.
NCLAT passed an order in Company Appeal (AT)…
NCLT acknowledged the NCLAT's order and…
Sign in to view related legal provisions.