Seeking abatement of appeal - CIRP - from the date of approval ...

NCLT Approval of Resolution Plan Abates Appeal, Renders CESTAT Functus Officio; Orders Merged with NCLT Decision.

October 21, 2022

Case Laws     Central Excise     AT

Seeking abatement of appeal - CIRP - from the date of approval of the resolution plan by the NCLT, the appeal filed by the applicant has abated and CESTAT has become functus officio in the matters relating to this appeal. Further it is also settled that the impugned order’s in the appeals have got merged in the order of the NCLT approving the Resolution Plan. - AT

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