2021 (8) TMI 1410 - SCH - Insolvency and Bankruptcy

Maintainability of application - initiation of CIRP - mismatch between the date of default and date when OTS entered - date of default if any could be only after the acceptance of this OTS, which is not satisfied in the present case - NCLAT held that there are no substance in the appeal - HELD THAT - No ground is made out for our interference with the impugned order(s) passed by the National Company Law Appellate Tribunal, Principal Bench, New Delhi. The appeals are dismissed, accordingly.

Summary

The Supreme Court of India dismissed the appeals against the orders of the National Company Law Appellate Tribunal, Principal Bench, New Delhi. No grounds were found for interference. Pending applications were disposed of.