NCLAT Dismisses Appeal for failure to rectify defects despite multiple opportunities

CK Sreenathan & 13 Ors Vs Bg SE Properties & Securities Ltd. & 5 Ors. (NCLAT Chennai)

National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has dismissed a company appeal filed by CK Sreenathan & 13 Ors. against Bg SE Properties & Securities Ltd. & 5 Ors. The dismissal stems from the appellants’ persistent failure to rectify procedural defects, despite being granted multiple opportunities over an extended period.

The appeal aimed to challenge an order issued by the Adjudicating Authority on April 29, 2024. The original e-filing of the

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