2021 (3) TMI 1430

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..... & Bankruptcy
Frequent adjournments being granted by the Adjudicating Authority and re-notifying the matter time and again - HELD THAT:- There is need to introduce provision in the legal framework to vest power of superintendence and control qua National Company Law Tribunals in this Appellate Tribunal. Due to lack of supervisory jurisdiction many aggrieved persons are compelled to adopt the ro .....

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..... pears to be aggrieved of frequent adjournments being granted by the Adjudicating Authority and re-notifying the matter time and again. It is submitted by learned counsel for the Appellant that the Resolution Plan is pending approval before the Adjudicating Authority since 2019 and the matter has been adjourned as many as 18 times. This is not the First case of such nature. There is need to introdu .....

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