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IBC - Highlights / Catch Notes

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Prayer to guide the NCLT on how to adjudicate cases pending ...

Insolvency and Bankruptcy

September 15, 2022

Prayer to guide the NCLT on how to adjudicate cases pending before it - The learned NCLAT has relegated the petitioner to the learned NCLT keeping in mind all issues of fact and law alive. The learned NCLAT has wiped the slate clean. The tabula is, thus, once more rasa. It is open, therefore, to the petitioner to again attempt to convince the learned NCLT regarding the interpretation that the petitioner seeks to place on Sections 33 and 35 of the Stamp Act. - Petition dismissed - HC

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