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Can I read Delay Condonation Order: Varam Bio Energy on EtoBox?
Delay Condonation Order: Varam Bio Energy by shambhavianand.bscllb is a document available to read on EtoBox.
What is Delay Condonation Order: Varam Bio Energy about?
The National Company Law Tribunal in Hyderabad held a hearing on February 7, 2024, regarding an application for condonation of delay in filing under section 121 of the IBC, 2016. The tribunal found sufficient reasons for the delay and determined that the three-month timeframe for filing is directory, thus no formal condonation was necessary. The application will be treated as an IA rather than a Company Petition if filed by the Financial Creditor.
- Author
- shambhavianand.bscllb
- Language
- EN