NCLAT criticizes NCLT for Relying on Unrelated Cases, Orders Fresh Hearing

Drive India Enterprise Solutions Ltd Vs BGM Telecommunications Pvt (NCLAT Delhi)

National Company Law Appellate Tribunal (NCLAT), Delhi Bench, has set aside an order by the National Company Law Tribunal (NCLT) that summarily dismissed a Section 9 insolvency application filed by Drive India Enterprise Solutions Ltd. against BGM Telecommunications Pvt. The NCLAT, in a recent judgment, remanded the matter back to the NCLT for a fresh hearing, emphasizing the necessity of deciding each case on its individual facts and merits.

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