2023 (12) TMI 258 - SCH - Insolvency and Bankruptcy

Admissibility of application u/s 9 of IBC - operational debt qua the Corporate Debtor is due and payable or not - HELD THAT - There are no reason to interfere with the order in RAJU JAGTAP, SUSPENDED DIRECTOR OF INSTEEL ENGINEERS PRIVATE LIMITED VERSUS JAYESH STEEL PVT. LTD., INSTEEL ENGINEERS PRIVATE LIMITED 2023 (9) TMI 1260 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI since no substantial question of law is involved in the appeal. Appeal dismissed.

Summary

The Supreme Court dismissed the appeal as no substantial question of law was involved in the case. The order of the National Company Law Appellate Tribunal dated 26 September 2023 in Company Appeal (AT) (Insolvency) No 525 of 2023 was upheld.