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2024 Supreme(Online)(SC) 12608

SUPREME COURT OF INDIA
V.S. PALANIVEL vs. P. SRIRAM CS LIQUIDATOR ETC.


J U D G M E N T

HIMA KOHLI, J.

A. BACKDROP

1. The appellant - V.S. Palanivel (shareholder/former Managing Director of M/s Sri Lakshmi Hotel Private Limited) has filed the present appeals against the judgment and order dated 16th September, 2022, passed by the National Company Law Appellate Tribunal, Chennai Bench, [geeta ahuja 1 In short ‘Tribunal’] in three Company Appeals2 preferred by him. The details of the said Company Appeals are (i) Company Appeal No. 336 of 2021 (subject matter of Civil Appeal No. 9059 of 2022) filed against the common judgment dated 17th November, 2021 passed by the National Company Law Tribunal, Chennai Bench, [In short ‘Adjudicating Authority’] rejecting an application Signature Not Verified Digitally signed by Date: 2024.09.05

1 R6 e: a2 s1 o:4 n5 : IST 2 Company Appeal (AT) (CH) (Ins} No. 336 of 2021; Company Appeal (AT) (CH) (Ins) No. 339 of 2021 and

Company Appeal (AT) (CH) (Ins) No. 343 of 2022

4 MA No. 120 of 2020

moved by the appellant praying inter alia that directions be issued to the Liquidator, Sri Lakshmi Hotel Private Limited to stall all proceedings in respect of the e-auction conducted by him on 23rd December, 2019, to work on an alternative man

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