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2022 (5) TMI 19 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , CHENNAISeeking to implead the Applicant as Respondent No. 4 in main Company Appeal - HELD THAT:- This Tribunal taking note of the surrounding facts and circumstances in a conspectus fashion and keeping in mind that the Applicant/Bank has not filed appropriate Application to get itself impleaded either before the Hon’ble High Court or before the Hon’ble Supreme Court of India, comes to a consequent conclusion that in a subject matter pending before the Hon’ble Supreme Court of India in SLP(C) No.9252 of 2020, the Applicant/Bank is to wait for the final determination of the Hon’ble Supreme Court of India, or to take necessary steps to implead itself before the Competent Forum, if it so desires / advised. Viewed in this perspective, this Tribunal without any haziness, holds that the Applicant/Bank is not entitled to file I.A.No.450 of 2021 in Comp. App (AT) (CH) (INS) No. 215 of 2021 (Impleading Application) and accordingly the I.A.No.450 of 2021 fails. Application dismissed.
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