TMI Blog2022 (3) TMI 266X X X X Extracts X X X X X X X X Extracts X X X X ..... n material in the form of correspondences during the years 2014 to 2017 and balance sheets for the Financial Years ending 2015, 2016, 2017, 2018 and 2019 to show that the application filed under Section 7, IBC was within the period of limitation. Admittedly, the material relied upon by the Appellant was not before the Adjudicating Authority. In a similar situation, this Court in Asset Reconstru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . 979/2021 - - - Dated:- 31-1-2022 - HON'BLE MR. JUSTICE L. NAGESWARA RAO AND HON'BLE MR. JUSTICE B.R. GAVAI For the Appellant : Mr. Krishnan Venugopal, Sr.Adv. (NP), Ms. Megha Karnawal, Adv., Mr. Sanjay Kapur, AOR, Mr. Arjun Bhatia, Adv., Mrs. Shubhra Kapur, Adv For the Respondent : Mr. Shyam Divan, Sr Adv, Mr. Shubhankar Nag, Adv, Mr. Sidhartha Sharma, Adv, Mr. Kunal Vajani, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dmitting the application filed under Section 7 IBC was set aside by the National Company Law Appellate Tribunal ( NCLAT ) on 20.01.2021 on the ground that the date of NPA was 17.06.2013 and the application under Section 7, having been filed on 01.04.2019, was barred by limitation. Before this Court, the Appellant has relied upon certain material in the form of correspondences during the years 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appellant to amend its pleadings before the NCLAT. In the said case, the appeal was remanded to the NCLAT subject to cost of ₹ 1,00,000/-, after taking into account the huge amount of money that was due from the corporate debtor therein. An Interlocutory Application has been filed on behalf of the Appellant seeking permission to amend the application under Section 7, IBC, along with all t ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
