2020 (12) TMI 454

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....g Chairperson) And Justice Anant Bijay Singh (Member (Judicial) Appellant: Mr. Gautam Singh, Mr. Rudreshwar Singh, Advocates. ORDER After hearing learned counsel for the Appellant, we find that the Appellant's application under Section 10 of the Insolvency and Bankruptcy Code, 2016 ("I&B Code" for short) was reserved for orders on 2nd September, 2020 by the Adjudicating Authority (Nationa....

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....as been practically reopened on the ground of further clarification. The impugned order is couched in ambiguous terms as it does not specify what clarification is to be sought from the Appellant. The matter has been adjourned for 17th December, 2020 overlooking the statutory requirements of passing an order of admission or rejection of application within the prescribed time limit of 14 days. In....