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    <title>2024 (3) TMI 930 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI - LB</title>
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    <description>The NCLAT Principal Bench dismissed an appeal challenging rejection of a transfer application. The case involved Section 7 proceedings by a financial creditor where CIRP admission and recall rejection orders were previously set aside by the Tribunal, reviving proceedings before the Adjudicating Authority. The appellant sought transfer claiming apprehension of bias. The NCLAT held that while mere apprehension of bias suffices for transfer, the facts and sequence of events showed neither actual bias nor reasonable apprehension of bias against the hearing bench. The President&#039;s rejection of the transfer application contained no error, warranting dismissal of the appeal.</description>
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    <pubDate>Tue, 19 Mar 2024 00:00:00 +0530</pubDate>
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      <title>2024 (3) TMI 930 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI - LB</title>
      <link>https://www.taxtmi.com/caselaws?id=451149</link>
      <description>The NCLAT Principal Bench dismissed an appeal challenging rejection of a transfer application. The case involved Section 7 proceedings by a financial creditor where CIRP admission and recall rejection orders were previously set aside by the Tribunal, reviving proceedings before the Adjudicating Authority. The appellant sought transfer claiming apprehension of bias. The NCLAT held that while mere apprehension of bias suffices for transfer, the facts and sequence of events showed neither actual bias nor reasonable apprehension of bias against the hearing bench. The President&#039;s rejection of the transfer application contained no error, warranting dismissal of the appeal.</description>
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      <pubDate>Tue, 19 Mar 2024 00:00:00 +0530</pubDate>
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