The case involves an application filed by the Liquidator of RDH Technologies Private Limited, seeking leave from the Adjudicating Authority (NCLT Kolkata Bench) to challenge an impugned arbitration award. The liquidator learned about the award, which was passed in arbitration proceedings between Yuthika Trading Company Private Limited and RDH Technologies, when a claim was lodged with the liquidator. The liquidator believes there are grounds to challenge the award. The time for challenging the award has expired, and the liquidator seeks to take recourse to the Supreme Court's order in Suo Moto Writ proceedings to exclude the period of limitation.
RDH Technologies Private Limited is undergoing liquidation. An arbitration award was passed between Yuthika Trading Company Private Limited and RDH Technologies Private Limited. The liquidator of RDH Technologies Private Limited learned about the arbitration award when Yuthika Trading Company Private Limited lodged a claim. The liquidator, after consulting with a legal advisor, believes there are grounds to challenge the award. The limitation period for challenging the award has expired. The liquidator seeks to utilize the Supreme Court's order in Suo Moto Writ proceedings to exclude certain periods from the limitation calculation. The liquidator filed an application seeking leave from the NCLT to challenge the arbitration award under section 34 of the Arbitration and
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Impugned arbi…
Liquidator seeks…
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The case involves an application filed by the Liquidator of RDH Technologies Private Limited, seeking leave from the Adjudicating Authority (NCLT Kolkata Bench) to challenge an impugned arbitration award. The liquidator learned about the award, which was passed in arbitration proceedings between Yuthika Trading Company Private Limited and RDH Technologies, when a claim was lodged with the liquidator. The liquidator believes there are grounds to challenge the award. The time for challenging the award has expired, and the liquidator seeks to take recourse to the Supreme Court's order in Suo Moto Writ proceedings to exclude the period of limitation.
RDH Technologies Private Limited is undergoing liquidation. An arbitration award was passed between Yuthika Trading Company Private Limited and RDH Technologies Private Limited. The liquidator of RDH Technologies Private Limited learned about the arbitration award when Yuthika Trading Company Private Limited lodged a claim. The liquidator, after consulting with a legal advisor, believes there are grounds to challenge the award. The limitation period for challenging the award has expired. The liquidator seeks to utilize the Supreme Court's order in Suo Moto Writ proceedings to exclude certain periods from the limitation calculation. The liquidator filed an application seeking leave from the NCLT to challenge the arbitration award under section 34 of the Arbitration and
…Impugned arbi…
Liquidator seeks…
Sign in to view related legal provisions.