The appeal was filed under Section 62 of the Insolvency and Bankruptcy Code, 2016, against an order dated August 10, 2020, passed by the National Company Law Appellate Tribunal (NCLAT), New Delhi. The NCLAT allowed Company Appeal (AT) (Insolvency) No.212 of 2020 filed by the Respondent. The Appellant had previously filed a petition under Section 9 of the IBC before the National Company Law Tribunal (NCLT) Hyderabad, being CP(IB) No.737/9/HDB/2019. The NCLT admitted the petition on January 9, 2020, observing that the Appellant's claim was undisputed. Aggrieved by this order, the Respondent filed an appeal before the NCLAT.
Rajkumar Brothers And Production Private Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code (IBC) before the National Company Law Tribunal (NCLT) Hyderabad against Harish Amilineni Shareholder and erstwhile Director of Amilionn Technologies Private Limited & Anr. The NCLT admitted the petition on January 9, 2020, noting that the Appellant's claim was undisputed. Harish Amilineni Shareholder and erstwhile Director of Amilionn Technologies Private Limited & Anr. then appealed to the National Company Law Appellate Tribunal (NCLAT), which set aside the NCLT's order, finding pre-existing disputes between the parties. Rajkumar Brothers And Production Private Limited then appealed to the Supreme Court, challenging the NCLAT's order,
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The NCLT Hyderabad…
The NCLT admitted the petition filed by the…
The appeal was filed under Section 62 of the Insolvency and Bankruptcy Code, 2016, against an order dated August 10, 2020, passed by the National Company Law Appellate Tribunal (NCLAT), New Delhi. The NCLAT allowed Company Appeal (AT) (Insolvency) No.212 of 2020 filed by the Respondent. The Appellant had previously filed a petition under Section 9 of the IBC before the National Company Law Tribunal (NCLT) Hyderabad, being CP(IB) No.737/9/HDB/2019. The NCLT admitted the petition on January 9, 2020, observing that the Appellant's claim was undisputed. Aggrieved by this order, the Respondent filed an appeal before the NCLAT.
Rajkumar Brothers And Production Private Limited filed an application under Section 9 of the Insolvency and Bankruptcy Code (IBC) before the National Company Law Tribunal (NCLT) Hyderabad against Harish Amilineni Shareholder and erstwhile Director of Amilionn Technologies Private Limited & Anr. The NCLT admitted the petition on January 9, 2020, noting that the Appellant's claim was undisputed. Harish Amilineni Shareholder and erstwhile Director of Amilionn Technologies Private Limited & Anr. then appealed to the National Company Law Appellate Tribunal (NCLAT), which set aside the NCLT's order, finding pre-existing disputes between the parties. Rajkumar Brothers And Production Private Limited then appealed to the Supreme Court, challenging the NCLAT's order,
…The NCLT Hyderabad…
The NCLT admitted the petition filed by the…