2018 (11) TMI 1609 - SCH - Insolvency and Bankruptcy

Corporate insolvency process - whether provisions made by the Board cannot override the provisions of I B Code? - Held that - There is no reason to interfere with the impugned order CENTRAL BANK OF INDIA VERSUS RESOLUTION PROFESSIONAL OF THE SIRPUR PAPER MILLS LTD. ORS. 2018 (9) TMI 1771 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI passed by the National Company Law Appellate Tribunal, New Delhi. Appeal dismissed.

Summary

The Supreme Court of India dismissed the appeal and upheld the order of the National Company Law Appellate Tribunal, New Delhi dated 12.09.2018. The pending application was disposed of.