Appeal disposed with liberty for revival after impugned order set aside. Opportunity granted to agitate grounds. The National Company Law Appellate Tribunal, New Delhi disposed of the appeal with liberty for revival, following the setting aside of the impugned order ...
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Appeal disposed with liberty for revival after impugned order set aside. Opportunity granted to agitate grounds.
The National Company Law Appellate Tribunal, New Delhi disposed of the appeal with liberty for revival, following the setting aside of the impugned order in another appeal. The appellant was granted the opportunity to agitate the grounds before the appropriate forum or file for revival if necessary. No costs were awarded, and any interim orders were vacated.
Issues Involved: - Challenge to impugned order - Disposal of appeal with liberty for revival
Analysis: The judgment concerns an appeal before the National Company Law Appellate Tribunal, New Delhi. The appellant's counsel highlighted that the impugned order was challenged in another appeal, where the tribunal set aside the impugned order. Consequently, the appellant requested the current appeal to be disposed of with the liberty to agitate the grounds before the appropriate forum or file an application for revival if needed. In light of these submissions, the tribunal decided to dispose of the appeal with the mentioned liberty and no order as to costs. Additionally, any interim order passed by the tribunal was vacated as part of the disposal process.
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