2022 (6) TMI 1465

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..... vency and Bankruptcy Code, 2016 - HELD THAT:- As against the respondent company an application for liquidation has been filed before the National Company Law Tribunal, Kolkata Bench and by order ]the application filed by Chaitanya Alloys Private Limited, the operational creditor under Section 9 of the Insolvency Bankruptcy Code, 2016 has been admitted and a moratorium as provided under Section 14 .....

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..... sional appointed by NCLT in the matter of the respondent/assessee. There is a delay of 474 days in filing the appeal. Since the NCLT has already passed an order and in the light of Section 14 of the Insolvency Bankruptcy Code, 2016, the appeal cannot be pursued by the revenue, we are inclined to exercise discretion and condone the delay in filing the appeal. Accordingly, the application for condon .....

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..... as been filed before the National Company Law Tribunal, Kolkata Bench and by order dated 9th December, 2021 the application filed by Chaitanya Alloys Private Limited, the operational creditor under Section 9 of the Insolvency Bankruptcy Code, 2016 has been admitted and a moratorium as provided under Section 14 of the Code has been ordered. There are other directions issued by the NCLT as well. Thu .....

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