Expeditious Disposal of Applications [ Section 64 ]

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..... assed within the period specified in this Code, the National Company Law Tribunal or the National Company Law Appellate Tribunal, as the case may be, shall record the reasons for not doing so within the period so specified ; and the President of the National Company Law Tribunal or the Chairperson of the National Company Law Appellate Tribunal, as the case may be, may, after taking into account .....

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..... ed by either the NCLT or NCLAT, if the matter is not disposed of within the time limit specified. Mobilox Innovations Pvt. Ltd. Vs. Kirusa Software Pvt. Ltd. [Civil Appeal No. 9405 of 2017] SC Dated21.09.2017 The strict adherence of the timelines is of essence to both the triggering process and the insolvency resolution process. - Manuals - Ready reckoner - Law and practic .....

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