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    <title>2025 (3) TMI 688 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , CHENNAI</title>
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    <description>NCLAT Chennai dismissed a company appeal challenging liquidation costs and fees determination procedures. The appellant questioned the adjudicating authority&#039;s directive to have the Stakeholders Consultative Committee (SCC) decide on liquidator remuneration and incidental charges. However, since the SCC had already decided the matter on 09.01.2025 and the appellant failed to challenge that specific decision, the appeal was deemed premature and not tenable. The tribunal held that challenging procedures without disputing the consequential results is impermissible, making the appeal misconceived and warranting dismissal.</description>
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    <pubDate>Mon, 10 Mar 2025 00:00:00 +0530</pubDate>
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      <description>NCLAT Chennai dismissed a company appeal challenging liquidation costs and fees determination procedures. The appellant questioned the adjudicating authority&#039;s directive to have the Stakeholders Consultative Committee (SCC) decide on liquidator remuneration and incidental charges. However, since the SCC had already decided the matter on 09.01.2025 and the appellant failed to challenge that specific decision, the appeal was deemed premature and not tenable. The tribunal held that challenging procedures without disputing the consequential results is impermissible, making the appeal misconceived and warranting dismissal.</description>
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