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Home Highlights June 2022 Year 2022 This

CIRP - Validity of order of NCLT admitting the application, ...

Insolvency and Bankruptcy

June 1, 2022

CIRP - Validity of order of NCLT admitting the application, bearing the signature of one member only -Pronouncement of the order in accordance with Rule 151 and 152 of the NCLT Rules or not - Present is the case where the Technical Member was to be available after a couple of weeks to sign the order and with his consent the order was pronounced. There is no occasion for application of Rule 152(4). - AT

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