2017 (7) TMI 1275 - SCH - Companies Law

Initiating Corporate Insolvency Resolution Process - Insolvency and Bankruptcy Code, 2016 - not impressed with the argument that there is an actual dispute and the quality or quantity of service were seriously doubted in such a manner that it may constitute a basis for defeating the initiation of Corporate Insolvency Resolution Process - HELD THAT - Not impressed with the argument that there is an actual dispute and the quality or quantity of service were seriously doubted in such a manner that it may constitute a basis for defeating the initiation of Corporate Insolvency Resolution Process.

Summary

The Supreme Court accepted a settlement between parties in a case, disposing of the appeal and ordering no costs. The order of the National Company Law Appellate Tribunal was found to be correct.