The respondent, M/S Consolidated Construction Consortium Limited, filed a suit, O.S. No. 5512/2016, on July 29, 2016, which was decreed, holding the appellant, M/S G.K. Ispat Pvt. Ltd., liable to pay certain sums with interest. Subsequently, the appellant filed another suit, O.S. No. 25647/2016, before the Civil Court, Bengaluru, to recover sums from the respondent, but this suit was rejected. The appellant challenged both decrees in a single commercial appeal. In 2020, the State Bank of India, a financial creditor, initiated proceedings against the respondent before the NCLT, Chennai, under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IB Code). These proceedings were registered as IBA No. 483/2020. An Interim Resolution Professional was appointed under

The respondent, M/S Consolidated Construction Consortium Limited, filed a suit, O.S. No. 5512/2016, on July 29, 2016, which was decreed, holding the appellant, M/S G.K. Ispat Pvt. Ltd., liable to pay certain sums with interest. Subsequently, the appellant filed another suit, O.S. No. 25647/2016, before the Civil Court, Bengaluru, to recover sums from the respondent, but this suit was rejected. The appellant challenged both decrees in a single commercial appeal. In 2020, the State Bank of India, a financial creditor, initiated proceedings against the respondent before the NCLT, Chennai, under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IB Code). These proceedings were registered as IBA No. 483/2020. An Interim Resolution Professional was appointed under