Case Note & Summary
The case involved a company appeal filed by M/s. Vijaya Hospitality and Resorts Limited against several respondents, including individuals and a private limited company. The appeal was presented before the National Company Law Appellate Tribunal in Chennai. On 07.07.2026, the appellant's counsel submitted a withdrawal memo, stating that the appellant did not wish to pursue the appeal any further. The tribunal considered this request and decided to dismiss the appeal as withdrawn. Consequently, the interim order that had been issued on 02.08.2024 was vacated, marking the conclusion of the proceedings in this matter. The decision was made by a bench comprising Justice Sharad Kumar Sharma and Jatindranath Swain.
Headnote
A) Company Law - Withdrawal of Appeal - Dismissal of Appeal - Companies Act, 2013 - The appellant's counsel filed a withdrawal memo indicating the intention not to press the appeal, leading to the dismissal of the appeal as withdrawn. The court vacated the interim order previously issued, reflecting the finality of the withdrawal (Paras Not mentioned).
Issue of Consideration
Whether the company appeal should be dismissed as withdrawn based on the appellant's counsel's request.
Final Decision
The company appeal was dismissed as withdrawn based on the appellant's counsel's request, and the interim order dated 02.08.2024 was vacated.
Law Points
- Withdrawal of appeal
- Dismissal of appeal
- Interim order vacated
