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IBC - Highlights / Catch Notes

Home Highlights March 2023 Year 2023 This

Seeking leave for filing an appeal - locus standi - the ...


Petitioner's Appeal Denied: Lacks Standing and Interest in Liquidation Process; Deemed Disruptive and Futile.

March 20, 2023

Case Laws     Insolvency and Bankruptcy     AT

Seeking leave for filing an appeal - locus standi - the Petitioner / Appellant, is not a Stakeholder in the Liquidation Process, and in any event, has no vested interest, in the Corporate Debtor, comes to a resultant conclusion that the appeal, filed by the Petitioner / Appellant, is an Otiose one, and the same is filed, only to disrupt, the Liquidation Process of the Corporate Debtor - AT

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