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Post-Reservation Application to Deposit Rs. 15.62 Crores Under Rule 11 Not Maintainable: NCLAT Dismisses Appeal [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) in a recent case held that a post-reservation application to deposit Rs. 15.62...
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Post-Reservation Application to Deposit Rs. 15.62 Crores Under Rule 11 Not Maintainable: NCLAT Dismisses Appeal [Read Order]
The appellant sought to deposit Rs. 15.62 crores and obtain a stay after the appeal was reserved for judgment. The NCLAT held that such post-reservation applications under Rule 11 are not maintainable.
Kavi Priya
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Yogitha S. Yogesh
Rupesh Sharma
Saagarika Gopinath
Navasree A.MPost-Reservation Application to Deposit Rs. 15.62 Crores Under Rule 11 Not Maintainable: NCLAT Dismisses Appeal [Read Order]
The appellant sought to deposit Rs. 15.62 crores and obtain a stay after the appeal was reserved for judgment. The NCLAT held that such post-reservation applications under Rule 11 are not maintainable.
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