2019 (8) TMI 1382

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..... re) Rules, 1982 - HELD THAT:- A plain reading of Rule 22 makes it clear that for the proceedings to be continued by the company, necessary applications required to be filed to continue the proceedings by the successor or liquidator as the case may be, within sixty days of the occurrence of the event. In the present case, even though the insolvency proceedings has been started in 2017 and Resolu .....

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..... appellant-companies has been initiated and accordingly resolution professional has been appointed by the NCLT, Mumbai vide order dated 5-4-2017. He submits that since they were not provided with the necessary papers, no formal applications have been filed to defend the appeal before this forum in pursuant to Rule 22 of CESTAT (Procedure) Rules, 1982. He seeks more time for filing the applications. .....

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..... is being wound up, the appeal or application shall abate, unless an application is made for continuance of such proceedings by or against the successor-in-interest, the executor, administrator, receiver, liquidator or other legal representative of the appellant or applicant or respondent, as the case may be : Provided that every such application shall be made within a period of sixty da .....

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