The case arises out of an impugned final judgment and order dated 22-01-2024 in WP Nos. 16650/2020 and 14448/2021 and WMP No. 24548/2020 passed by the High Court of Judicature at Madras. The petitioner sought special leave to appeal this judgment. The petitioner also filed applications for condonation of delay and permission to file additional documents.
C.A. V. Venkata Sivakumar filed a Special Leave Petition (Civil) against the Insolvency and Bankruptcy Board of India (IBBI). The petition arose from a final judgment and order of the High Court of Judicature at Madras dated 22-01-2024. The petitioner filed applications for condonation of delay in filing and refiling, permission to appear and argue in person, and permission to file additional documents. The petitioner sought to withdraw an additional affidavit sworn on 31.05.2024, which the court permitted. The court considered the constitutional validity of Regulation 23A of the IBBI regulations, read with Section 140 of the Insolvency and Bankruptcy Code, 2016, concerning the power to suspend Resolution Professionals. The court agreed with the High Court's view on
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Final judgment and order passed by the High…
Order passed in the review application…
The case arises out of an impugned final judgment and order dated 22-01-2024 in WP Nos. 16650/2020 and 14448/2021 and WMP No. 24548/2020 passed by the High Court of Judicature at Madras. The petitioner sought special leave to appeal this judgment. The petitioner also filed applications for condonation of delay and permission to file additional documents.
C.A. V. Venkata Sivakumar filed a Special Leave Petition (Civil) against the Insolvency and Bankruptcy Board of India (IBBI). The petition arose from a final judgment and order of the High Court of Judicature at Madras dated 22-01-2024. The petitioner filed applications for condonation of delay in filing and refiling, permission to appear and argue in person, and permission to file additional documents. The petitioner sought to withdraw an additional affidavit sworn on 31.05.2024, which the court permitted. The court considered the constitutional validity of Regulation 23A of the IBBI regulations, read with Section 140 of the Insolvency and Bankruptcy Code, 2016, concerning the power to suspend Resolution Professionals. The court agreed with the High Court's view on
…Final judgment and order passed by the High…
Order passed in the review application…