Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]
The bench concluded that the appellant never tried to change the pleadings before the Tribunal, in contrast to the Streamcast case, which was also submitted by the appellant
The National Company Law Appellate Tribunal (NCLAT) in New Delhi has ruled that the appellant’s failure to file the first appeal against the order dated 10.04.2023, which dismissed the first application under section 7 of the Code, and the fact that the NCLAT granted the appellant liberty do not give the appellant the right to…
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