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    <title>2021 (7) TMI 1437 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
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    <description>The Tribunal dismissed the appeal against the admission of the application under Section 7 of the IBC, as it was time-barred and not maintainable due to a prior related dismissal. In a separate appeal against the liquidation order, the Tribunal refused to stay the liquidation proceedings, emphasizing the time-sensitive nature of the IBC process. The appeal was scheduled for an &#039;Admission (After Notice) Hearing,&#039; where potential relief would be considered if the Appellant succeeded.</description>
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      <description>The Tribunal dismissed the appeal against the admission of the application under Section 7 of the IBC, as it was time-barred and not maintainable due to a prior related dismissal. In a separate appeal against the liquidation order, the Tribunal refused to stay the liquidation proceedings, emphasizing the time-sensitive nature of the IBC process. The appeal was scheduled for an &#039;Admission (After Notice) Hearing,&#039; where potential relief would be considered if the Appellant succeeded.</description>
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