Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + HC Insolvency and Bankruptcy - 2021 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (4) TMI 611 - HC - Insolvency and BankruptcySeeking directions to NCLAT, Delhi, to ‘Hear and Decide’ the petitioner’s representation / appeal on ‘Legal interpretation’ and ‘Legal procedures’ issues, as per relevant laws and rules - case of the Petitioner is that the Insolvency and Bankruptcy Code, 2016, does not permit NCLAT to direct the filing of written submissions and judgments in a matter, however the NCLAT has vide the impugned orders, directed for the same. HELD THAT:- The NCLAT being the duly constituted Appellate Tribunal, under the IBC, is free to regulate its procedure and the manner in which it wishes to hear matters, including issuing of directions for filing of written submissions and judgments. These procedural issues are to be regulated by the NCLAT on its own. This Court does not deem it appropriate to interfere with the same - The manner in which the Petitioner seems to be making repeated representations and submissions before the NCLAT clearly shows that the Petitioner is not being bonafide in his conduct. The Petition is dismissed with costs of ₹ 10,000/- to the “High Court of Delhi (Middle Income Group) Legal Aid Society”.
|