NCLAT sets aside IBC order passed by a Member singly after retirement of fellow DB member

Aditi Singh November 1 2019

The National Company Law Appellate Tribunal (NCLAT) has set aside an order of admission under the Insolvency and Bankruptcy Code, 2016 on the ground that the order was passed by a member singly after the retirement of the fellow member of the Division Bench.

The order was passed by a three-member bench of NCLAT comprising Chairperson, Justice SJ Mukhopadhyay, Member (Judicial) Justice Venugopal M and Member (Judicial) Justice Jarat Kumar Jain.

The Vistra ITCL . . .

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