Liquidator can Pursue Writ Petition for CD on allowance of Liquidator to Prosecute u/s 33(5) of IBC: NCLAT [Read Order]

The NCLAT ruled that the liquidator can pursue writ petition for the CD on allowance of liquidator to prosecute under Section 33(5) of the IBC
By Kalyani B. Nair - On February 29, 2024 7:02 pm - 2 mins read
NCLAT - National Company Law Appellate Tribunal - Writ Petition - Liquidator Writ Petition - Corporate Debtor Prosecution - Taxscan

The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) ruled that the liquidator can pursue writ petition for the Corporate Debtor ( CD ) on allowance of liquidator to prosecute under Section 33(5) of the Insolvency and Bankruptcy Code, 2016 ( IBC ). The Appellant Liquidator subsequently come to know…

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