The National Company Law Appellate Tribunal, Chennai, ruled that any person aggrieved by an order of the National Company Law Tribunal may obtain its certified copy to file an appeal, even if they were not a party to the original proceedings.
Byju Raveendran filed a caveat with the Supreme Court on August 3 against US-based creditor Glas Trust Company LLC, following an NCLAT order. The NCLAT had restored Byju’s board and overturned insolvency proceedings against the edtech company. This preemptive legal move aims to ensure a fair hearing before any potential challenge by Glas Trust.
