https://www.taxtmi.com/caselaws?id=300423 The Supreme Court granted permission to file a Civil Appeal in a case challenging an order appointing a liquidator by the National Company Law Tribunal (NCLT). The National Company Law Appellate Tribunal (NCLAT) had stayed the liquidation proceedings through an interim order, causing significant irreparable loss due to delay in hearing the application for vacation of the interim order. The Supreme Court emphasized the importance of timely hearings and directed that the request for vacation of the interim order be heard promptly. Consequently, the Civil Appeal was disposed of, and pending applications were also resolved. en-us Fri, 29 Oct 2021 00:00:00 +0530 Mon, 31 Jan 2022 21:09:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300423 The Supreme Court granted permission to file a Civil Appeal in a case challenging an order appointing a liquidator by the National Company Law Tribunal (NCLT). The National Company Law Appellate Tribunal (NCLAT) had stayed the liquidation proceedings through an interim order, causing significant irreparable loss due to delay in hearing the application for vacation of the interim order. The Supreme Court emphasized the importance of timely hearings and directed that the request for vacation of the interim order be heard promptly. Consequently, the Civil Appeal was disposed of, and pending applications were also resolved. Case-Laws Insolvency and Bankruptcy Fri, 29 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300423