NCLAT Directs Appellants to Serve Appeal Memo, Bajaj Finance Limited Notified, Deadlines Set

The National Company Law Appellate Tribunal in New Delhi issued directions for the Appellants to serve the 'Memo of Appeal' to 'Bajaj Finance Limited' and to issue Notices to Respondent Nos. 3 to 5. Deadlines were set for filing requisite documents, with the Respondents required to file a Reply Affidavit and the Appellants permitted to file a Rejoinder. The judgment emphasized compliance with document filing procedures and scheduled the appearance of Respondent Nos. 3 to 5 for a specific date.

---

---

Issues: Service of notice, filing of documents, appearance of Respondent Nos. 3 to 5.

The judgment by the National Company Law Appellate Tribunal in New Delhi involved several issues. The counsel for the Appellants was directed to serve the Soft Copy of the 'Memo of Appeal' to the Respondent No. 2, 'Bajaj Finance Limited', by email before a specified date. Additionally, the Appellants were instructed to take steps for the issuance of Notice on Respondent Nos. 3 to 5 through both modes, with requisites and process fee to be filed by a set deadline. The Respondent Nos. 1 to 5 were directed to file a Hard Copy of the Reply Affidavit within two weeks, while the Appellants were allowed to file a Rejoinder as a Hard Copy within one week thereafter. The Office of the Registry was directed to accept all the mentioned documents. The matter was listed for the appearance of Respondent Nos. 3 to 5 on a specific date under the heading 'For Admission (After Notice)'. The judgment laid out a clear procedural roadmap for the parties involved, ensuring compliance with necessary document filings and appearances.

---