In the first part of the article titled “Your ultimate guide to drafting an appeal before the NCLAT under the IBC”, I mentioned filing a separate and independent application for stay on operation of the impugned order, alongside the memorandum of appeal. In this part, we will learn how to draft that very stay application effectively.
Table of Contents
Introduction
Think of a situation where you have drafted a solid appeal, stated every fact, identified every issue and touched upon every ground. It’s filed within the prescribed period of limitation. You’ve even included a prayer to stay the impugned order.
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