Highlights
- The Delhi High Court has permitted a plea to mention the matter before the learned Registrar of the National Company Law Appellate Tribunal for the listing of the Appeal during the winter vacations.
- The petitioner filed a writ petition under Articles 226 and 227 of the Constitution of India, seeking a hearing of the Company Appeal against the Order dated December 19, 2024, by the NCLT and an ex-parte stay of the said order.
The Delhi High Court has allowed a plea to mention the matter before the learned Registrar, NCLAT for listing of the Appeal during the winter vacations.
“It is open to the learned Registrar to take a decision on listing of the Appeal, in accordance with the procedure prescribed, in case the Petitioner mentions the matter,” Justice Neena Bansal Khrisha said.
The matter relates to the grant of hearing before the National Company Law Appellate Tribunal which is on vacation with no Vacation Bench in function. The petitioner filed a writ petition on the ground that the Interim Resolution Professional has been appointed and is already in the process of taking over the properties of the Company which shall defeat the right of Appeal of the Petitioner.
The Writ Petition was filed under Articles 226 and 227 of the Constitution of India directing a hearing of the Company Appeal filed against the Order dated December 19, 2024, by the National Company Law Tribunal and to grant an ex-parte stay of the said order.
The NCLAT is scheduled to commence its functioning on January 2, 2025.
