The case involves a civil appeal against an order of the National Company Law Appellate Tribunal (NCLAT). The appellant sought compliance with the NCLAT order, but the learned counsel submitted that compliance was not possible.
Peter Beck and Peter Vermoegensverwaltung Ltd. filed a civil appeal against Edelweiss Asset Reconstruction Company Ltd. & Anr. The appeal challenged an order by the National Company Law Appellate Tribunal (NCLAT) dated 05.01.2022. The appellant's counsel indicated that compliance with the NCLAT order was not possible. The Supreme Court heard the arguments and ultimately dismissed the civil appeals. However, the court granted liberty to initiate a fresh corporate insolvency resolution process (CIRP).
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The National Company Law Appellate Tribunal…
The Supreme Court heard the civil appeals and…
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The case involves a civil appeal against an order of the National Company Law Appellate Tribunal (NCLAT). The appellant sought compliance with the NCLAT order, but the learned counsel submitted that compliance was not possible.
Peter Beck and Peter Vermoegensverwaltung Ltd. filed a civil appeal against Edelweiss Asset Reconstruction Company Ltd. & Anr. The appeal challenged an order by the National Company Law Appellate Tribunal (NCLAT) dated 05.01.2022. The appellant's counsel indicated that compliance with the NCLAT order was not possible. The Supreme Court heard the arguments and ultimately dismissed the civil appeals. However, the court granted liberty to initiate a fresh corporate insolvency resolution process (CIRP).
The National Company Law Appellate Tribunal…
The Supreme Court heard the civil appeals and…
Sign in to view related legal provisions.