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NCLAT Upholds Liquidator’s Right to Sue Under Section 33(5) of IBC; Appeal Dismissed
Case Law Details
- Case Name
- Sri Brindhavan Brick Works Vs DiMax Restructuring Private Limited (NCLAT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
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Sri Brindhavan Brick Works Vs DiMax Restructuring Private Limited (NCLAT Chennai)
The National Company Law Appellate Tribunal, Chennai, considered a company appeal challenging the order dated 10.02.2026 passed in IA(IBC)/210(CHE)/2026 in CP(IB) No.706(CHE)/2020. At the outset, the Tribunal noted that defects pointed out by the Registry had been rectified and overruled the requirement relating to filing legible copies. It also allowed IA No.780/2026 by condoning an 11-day delay in refiling the company appeal.
The appeal primarily challenged relief (iii) granted by the Adjudicating Authority und...
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