2024 (8) TMI 997 - SCH - Insolvency and Bankruptcy

Initiation of CIRP - authentication of default as contemplated in Regulation 21, not taken - information of default not filed with the information utility - it was held by NCLAT that ' There are no substance in any of the submissions raised by the Counsel for the Appellant to interfere with the impugned order of the Adjudicating Authority' - HELD THAT - There are no reason to interfere with the order of the National Company Law Appellate Tribunal - appeal dismissed.

Summary

The Supreme Court dismissed the appeal and upheld the order of the National Company Law Appellate Tribunal in Company Appeal (AT) (Insolvency) No 1058 of 2023. Delay was condoned, and any pending application was disposed of.