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 challenges the NCLAT's order, relying on previous orders passed by NCLAT in matters related to Varrasana Ispat Limited and Kiran Shah. The Enforcement Directorate is the respondent. The petitioner argues that the attachment order was issued prior to the initiation of the Corporate Insolvency Process in the previous cases, while in the present case, the provisional attachment order was passed after the initiation of proceedings under the Insolvency and Bankruptcy Code, 2016.
Ashok Kumar Sarawagi filed a Special Leave Petition (Civil) against the Enforcement Directorate & Anr. The petition challenges an order of the National Company Law Appellate Tribunal (NCLAT). The petitioner's counsel argued that the NCLAT relied on previous orders in the matters of Varrasana Ispat Limited Vs. Deputy Director of Enforcement and Kiran Shah vs. Enforcement Directorate. In those cases, the attachment orders were issued before the initiation of the Corporate Insolvency Process. However, in the present case, the provisional attachment order was passed after the initiation of proceedings under the Insolvency and Bankruptcy Code, 2016. The judgment dated 2019-03-02 in the first matter is appended at page 700 and paragraph 13 of the judgment makes it clear
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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 challenges the NCLAT's order, relying on previous orders passed by NCLAT in matters related to Varrasana Ispat Limited and Kiran Shah. The Enforcement Directorate is the respondent. The petitioner argues that the attachment order was issued prior to the initiation of the Corporate Insolvency Process in the previous cases, while in the present case, the provisional attachment order was passed after the initiation of proceedings under the Insolvency and Bankruptcy Code, 2016.
Ashok Kumar Sarawagi filed a Special Leave Petition (Civil) against the Enforcement Directorate & Anr. The petition challenges an order of the National Company Law Appellate Tribunal (NCLAT). The petitioner's counsel argued that the NCLAT relied on previous orders in the matters of Varrasana Ispat Limited Vs. Deputy Director of Enforcement and Kiran Shah vs. Enforcement Directorate. In those cases, the attachment orders were issued before the initiation of the Corporate Insolvency Process. However, in the present case, the provisional attachment order was passed after the initiation of proceedings under the Insolvency and Bankruptcy Code, 2016. The judgment dated 2019-03-02 in the first matter is appended at page 700 and paragraph 13 of the judgment makes it clear
…Date of the impugned final judgment and order…
Judgment date in the…
Sign in to view related legal provisions.