The case involves a Special Leave Petition (Civil) arising from a final judgment and order passed by the National Company Law Appellate Tribunal (NCLAT). The petitioner seeks interim relief to conduct and conclude the Corporate Insolvency Resolution Process (CIRP) on an "as is where is basis" and "whatever there is basis". The Enforcement Directorate opposes this prayer, stating that an appeal against the order of attachment has already been filed by the petitioner before the Appellate Authority.
The petitioner, Ashok Kumar Sarawagi, filed a Special Leave Petition (Civil) against the Enforcement Directorate & Anr. The petition arises from a final judgment and order dated 09-05-2022 passed by the National Company Law Appellate Tribunal (NCLAT) in CAAT(I) No. 411/2022. The petitioner sought interim relief to conduct and conclude the CIRP on an "as is where is basis" and "whatever there is basis". The Enforcement Directorate opposed the prayer, stating that an appeal against the order of attachment has already been filed by the petitioner before the Appellate Authority. CIRP against the corporate debtor was admitted by order dated 20th November 2019 passed by NCLT. Public announcement about the initiation of CIRP was made on 25th November
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CIRP against the…
Public announcement…
The case involves a Special Leave Petition (Civil) arising from a final judgment and order passed by the National Company Law Appellate Tribunal (NCLAT). The petitioner seeks interim relief to conduct and conclude the Corporate Insolvency Resolution Process (CIRP) on an "as is where is basis" and "whatever there is basis". The Enforcement Directorate opposes this prayer, stating that an appeal against the order of attachment has already been filed by the petitioner before the Appellate Authority.
The petitioner, Ashok Kumar Sarawagi, filed a Special Leave Petition (Civil) against the Enforcement Directorate & Anr. The petition arises from a final judgment and order dated 09-05-2022 passed by the National Company Law Appellate Tribunal (NCLAT) in CAAT(I) No. 411/2022. The petitioner sought interim relief to conduct and conclude the CIRP on an "as is where is basis" and "whatever there is basis". The Enforcement Directorate opposed the prayer, stating that an appeal against the order of attachment has already been filed by the petitioner before the Appellate Authority. CIRP against the corporate debtor was admitted by order dated 20th November 2019 passed by NCLT. Public announcement about the initiation of CIRP was made on 25th November
…CIRP against the…
Public announcement…