Neerajaksha Iron And Steel Pvt. Ltd. v. Corporation Bank

THE HON'BLE Dr . JUSTI CE SHAMEEM AKTHER CI VI L REVI SI ON PETI TI ON No.2 5 0 8 OF 2 0 1 9 ORDER:

This revision, under Article 227 of the Constitution of India, is filed by the petitioner/ Corporate Debtor aggrieved by the order dated 27.09.2019 passed in CP(IB) No.374/ 07/ HDB/ 2019 by the National Company Law Tribunal, Hyderabad.

2.

Heard learned counsel for the revision petitioner/ Corporate Debtor, learned counsel for the respondent/ Financial Creditor and perused the record.

3.

In the course of submissions, it is submitted by the learned counsel for the respondent that the Tribunal has rightly passed the impugned order. He further submits that this Court has no jurisdiction to entertain the revision. 4.

In view of the above submissions, if the revision petitioner intends to assail the impugned order, he has to file an appeal before the appellate Tribunal.

5.

Under these circumstances, the Civil Revision Petition is dismissed.

The Miscellaneous Petitions, if any, pending shall stand closed. There shall be no order as to costs. ______________________ Dr . SHAMEEM AKTHER, J Date: 06.12.2019 ssp