2020 (8) TMI 932 - SCH - Insolvency and Bankruptcy

Maintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - existence of debt and dispute or not - It was held by NCLAT that the Application filed under Section 7 by the Appellant / Financial Creditor should have been admitted by the Adjudicating Authority - HELD THAT - There are no ground to interfere with the impugned order passed by the National Company Law Appellate Tribunal. Appeal dismissed.

Summary

Title: Supreme Court of India dismisses civil appeal

Judges: Hon'ble Mr. Justice Arun Mishra, Hon'ble Mr. Justice B.R. Gavai, Hon'ble Mr. Justice Krishna Murari

Representation:
- Appellant represented by Mr. Jaideep Gupta, Sr. Advocate, Mr. Kumar Anurag Singh, Advocate, Mr. Anujit Mookherji, Advocate, Mr. Zain Khan, Advocate, Ms. Tulika Mukherjee, AOR
- Respondent: None

Decision: The Supreme Court finds no grounds to interfere with the order of the National Company Law Appellate Tribunal. The civil appeal is dismissed, and the pending application is disposed of.