The National Company Law Appellate Tribunal, Chennai Bench, comprising Justice Sharad Kumar Sharma (Member – Judicial) and Jatindranath Swain (Member – Technical), has held that the procedural direction requiring the appellant to file an affidavit confirming the accuracy of certain ledger transactions could not be appealed. The appeal was preferred u/s 61 of the IBC.
Background of the Case
The appellant, who happens to be the erstwhile director of Samaara Leathers Pvt. Ltd., has challenged the NCLT’s order directing him to file an affidavit confirming the accuracy of ledger transactions for FY 2017-18 and 2018-19. The order was passed subsequent to the findings of the forensic audit, which pointed out discrepancies…