https://www.taxtmi.com/caselaws?id=293154 The Court addressed the grievance of the petitioners regarding the absence of a technical member in the Bench of the NCLT and directed that their case be heard by a Bench comprising a judicial and technical member. The judgment also discussed the interpretation of the Swiss Ribbons case but did not delve into the specific issue of the Ministry of Corporate Affairs appointing NCLT members instead of the Law Ministry, leaving it open for future consideration. The Court emphasized the importance of clarity and adherence to legal procedures in the appointment of NCLT members. en-us Thu, 20 Jun 2019 00:00:00 +0530 Tue, 26 Jan 2021 16:08:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293154 The Court addressed the grievance of the petitioners regarding the absence of a technical member in the Bench of the NCLT and directed that their case be heard by a Bench comprising a judicial and technical member. The judgment also discussed the interpretation of the Swiss Ribbons case but did not delve into the specific issue of the Ministry of Corporate Affairs appointing NCLT members instead of the Law Ministry, leaving it open for future consideration. The Court emphasized the importance of clarity and adherence to legal procedures in the appointment of NCLT members. Case-Laws Insolvency and Bankruptcy Thu, 20 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293154