NCLAT, NCLT, by a
separate order, directed liquidation of CD.
9. Aggrieved by the order of NCLAT dated 26.09.2019,
the suspended Managing Director ... before this Court.
This Court, vide order dated 21.10.2019, allowed the
appeal, set aside the order of NCLAT and restored the
appeal on the file
NCLAT failed
to exercise its inherent powers under Rule 11 of the NCLAT Rules, 2016, which
empower it to pass such orders ... meticulously.
9. By order dated 06.08.2025, this Court stayed the operation of the
impugned judgment and order passed by the NCLAT till the pronouncement
unsuccessful resolution applicants filed appeals before
the NCLAT.
3.10 However, the NCLAT by the impugned order dated
01.10.2024 dismissed the appeals preferred by the unsuccessful ... reply by the NCLT before passing
the order. Therefore, by way of its order dated 10.05.2024, the
NCLAT remanded the matter to the NCLT
appellants preferred an appeal before NCLAT from the order of approval of
the resolution plan and rejection ... registered office
from the State of West Bengal to Maharashtra. NCLAT passed an order
observing that pendency of the appeals should not be a ground
appellants preferred an appeal before NCLAT from the order of approval of
the resolution plan and rejection ... registered office
from the State of West Bengal to Maharashtra. NCLAT passed an order
observing that pendency of the appeals should not be a ground
appellants preferred an appeal before NCLAT from the order of approval of
the resolution plan and rejection ... registered office
from the State of West Bengal to Maharashtra. NCLAT passed an order
observing that pendency of the appeals should not be a ground
appellants preferred an appeal before NCLAT from the order of approval of
the resolution plan and rejection ... registered office
from the State of West Bengal to Maharashtra. NCLAT passed an order
observing that pendency of the appeals should not be a ground
appellants preferred an appeal before NCLAT from the order of approval of
the resolution plan and rejection ... registered office
from the State of West Bengal to Maharashtra. NCLAT passed an order
observing that pendency of the appeals should not be a ground
resolution plan approved by
it by the order dated 05.04.2021. This order was challenged before the
NCLAT by GNIDA in Company Appeal ... Arora and
others 4, this Court refused to interfere with the NCLAT’s order permitting
insolvency process project-wise. More recently, in Mansi Brar Fernandes
Civil Appeal No. 4713/2024 u/s 62 of
IBC challenging NCLAT order dated 01.03.2024 in the
Supreme Court. This was dismissed by the Supreme ... dismissed in limine on
01.07.2024 after noticing the NCLAT order dated 01.03.2024 and the fact of
dismissal of the appeal