Rejection of Section 7 application - The appellate tribunal ...

Case Laws Insolvency and Bankruptcy

March 30, 2024

Rejection of Section 7 application - The appellate tribunal overturned the adjudicating authority's decision to dismiss the Section 7 application due to non-compliance with previous orders. It emphasized the appellant's efforts to comply and highlighted the respondent's failure to fulfill their obligations despite appearing through counsel. As a result, the tribunal revived the Section 7 application for further proceedings.

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Rejection of Section 7 application - The appellate tribunal ...

Case Laws Insolvency and Bankruptcy

March 30, 2024

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