https://www.taxtmi.com/caselaws?id=428490 The Supreme Court addressed jurisdictional issues regarding the NCLAT's retention of an appeal despite the main proceedings being set aside. The Court directed the NCLAT to determine if NCLT proceedings had concluded before taking further action. It also clarified that intervenors should pursue applications before the NCLAT and urged timely disposal of an application seeking withdrawal of the appeal within six weeks. The Court emphasized the importance of expeditious resolution and disposed of the appeals based on these directives. en-us Thu, 15 Sep 2022 00:00:00 +0530 Sun, 02 Oct 2022 19:01:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428490 The Supreme Court addressed jurisdictional issues regarding the NCLAT's retention of an appeal despite the main proceedings being set aside. The Court directed the NCLAT to determine if NCLT proceedings had concluded before taking further action. It also clarified that intervenors should pursue applications before the NCLAT and urged timely disposal of an application seeking withdrawal of the appeal within six weeks. The Court emphasized the importance of expeditious resolution and disposed of the appeals based on these directives. Case-Laws Insolvency and Bankruptcy Thu, 15 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428490