2023 (9) TMI 1013 - SCH - Insolvency and Bankruptcy

Maintainability of application u/s 7 of IBC - default prior to the Section 10 A period - Application barred by Section 10A or not - It was held by NCLAT that no error has been committed by the Adjudicating Authority in admitting Section 7 Application - HELD THAT - There are no good ground and reason to interfere with the impugned judgment and hence, the appeal is dismissed.

Summary

The Supreme Court granted permission to file the appeal but dismissed it as they found no good ground to interfere with the impugned judgment. Pending applications shall stand disposed of.