2022 (6) TMI 12

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....o. 618 of 2022 - -<br>Insolvency & Bankruptcy<br>[Justice Ashok Bhushan] Chairperson, [Shreesha Merla] Member (Technical) And [Naresh Salecha] Member (Technical) For the Appellant : Mr. Mandeep Singh Saluja and Mr. Atul Sharma, Advocates For the Respondents : Mr. Anshuman Gupta, Mr. Vignesh Raj and Ms. Aditi Mane, Advocates for R-1. ORDER (Virtual Mode) Heard learned counsel for the....

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....have been released form the part-heard and listed for hearing afresh. 2. We have heard learned counsel for the Appellant and perused the record. 3. Rule 151 and 152 of the NCLT Rules, 2016 are as follows:- "151. Pronouncement of order by any one member of the Bench.-(1) Any Member of the Bench may pronounce the order for and on behalf of the Bench. (2) When an order is pron....

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....g that he has pronounced the order as provided in this rule. (4) If the order cannot be signed by reason of death, retirement or resignation or for any other reason by any one of the Members of the Bench who heard the case, it shall be deemed to have been released from partheard and listed afresh for hearing." 4. Rule 151(1) empowers any Member of the Bench to pronounce the order for a....

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....o heard the matter was not available for another couple of weeks and matter cannot be kept pending for pronouncement because hearing was concluded almost a month ago. The order clearly mentions that the order was pronounced under Rule 151 of the NCLT Rules, 2016 with consent of the other Member. We see no error in the pronouncement of order by one Member with consent of the other Member of the Ben....