https://www.taxtmi.com/highlights?id=75375 Revival of company appeal by Financial Creditor - Order of setting aside of CIRP - The application by Akasa Finance Ltd. cites the dishonour of 12 post-dated cheques tendered by the Corporate Debtor as grounds for the recall of the order. - The NCLAT considers the sequence of events, including the dishonour of cheques and the attempts by the Corporate Debtor to delay proceedings. It finds that the Financial Creditor has a valid reason to revive the appeal and recalls the previous order accordingly. en-us Mon, 04 Mar 2024 10:45:04 +0530 Mon, 04 Mar 2024 10:45:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75375 Revival of company appeal by Financial Creditor - Order of setting aside of CIRP - The application by Akasa Finance Ltd. cites the dishonour of 12 post-dated cheques tendered by the Corporate Debtor as grounds for the recall of the order. - The NCLAT considers the sequence of events, including the dishonour of cheques and the attempts by the Corporate Debtor to delay proceedings. It finds that the Financial Creditor has a valid reason to revive the appeal and recalls the previous order accordingly. Highlights Insolvency and Bankruptcy Mon, 04 Mar 2024 10:45:04 +0530 https://www.taxtmi.com/highlights?id=75375