Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
⚠️ This portal will be discontinued on 31-07-2025
If you encounter any issues or problems while using the new portal,
please
let us know via our feedback form
so we can address them promptly.
Home
2025 (7) TMI 803 - SCH - IBCDismissal of company petition filed by the appellant on grounds of maintainability and delay - maintainability of petition filed by the appellant as per Section 244(b) of the Companies Act 2013 - it was held by NCLAT that There are no force in the arguments of the learned counsel for the appellant that during these years he always believed he was still a member of the Club. Such an argument cannot be believed by any stretch of imagination. HELD THAT - There are no good reason to interfere with the impugned order passed by the National Company Law Appellate Tribunal New Delhi. Appeal dismissed.
The Supreme Court, with Justices J. B. Pardiwala and R. Mahadevan presiding, heard the appeal after condoning the delay. Upon review of the submissions and the record, the Court found "no good reason to interfere with the impugned order passed by the National Company Law Appellate Tribunal, New Delhi." Consequently, the appeal was dismissed, and all pending applications were disposed of.
|