https://www.taxtmi.com/caselaws?id=459259 The National Company Law Appellate Tribunal in New Delhi disposed of the appeal by granting the Appellant the opportunity to submit a scheme under Sections 230 and 232 of the Companies Act to the Liquidator within thirty days. This decision followed the appeal against the orders for liquidation of the Corporate Debtor and the rejection of an application under Section 12A of the I&B Code. The Tribunal's ruling provided the Appellant with the liberty to file the application within the designated time frame, effectively allowing for potential restructuring of the Corporate Debtor. en-us Fri, 08 Apr 2022 00:00:00 +0530 Fri, 06 Dec 2024 18:57:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459259 The National Company Law Appellate Tribunal in New Delhi disposed of the appeal by granting the Appellant the opportunity to submit a scheme under Sections 230 and 232 of the Companies Act to the Liquidator within thirty days. This decision followed the appeal against the orders for liquidation of the Corporate Debtor and the rejection of an application under Section 12A of the I&B Code. The Tribunal's ruling provided the Appellant with the liberty to file the application within the designated time frame, effectively allowing for potential restructuring of the Corporate Debtor. Case-Laws IBC Fri, 08 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459259