The case involves an appeal against an order passed by the Adjudicating Authority on 23.11.2022, which admitted an application filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) by Canara Bank. The appellant challenged the order dated 14.11.2022 in the Bombay High Court, and a Special Leave Petition (SLP) is pending before the Supreme Court. The appellant also submitted a Scheme of Arrangement under Section 230 of the Companies Act regarding the Corporate Debtor, Supreme Infrastructure India Ltd., in which Canara Bank is a Financial Creditor. The appellant sought to file documents pertaining to the Scheme before the Adjudicating Authority.
Bhawanishankar Harishchandra Sharma filed an appeal against the Adjudicating Authority's order dated 23.11.2022, which admitted Canara Bank's Section 7 application. The appellant had challenged an earlier order dated 14.11.2022 in the Bombay High Court, with a pending SLP before the Supreme Court. A Scheme of Arrangement under Section 230 of the Companies Act was submitted concerning Supreme Infrastructure India Ltd., the Corporate Debtor, where Canara Bank is a Financial Creditor. The appellant sought to present documents related to the Scheme before the Adjudicating Authority. The Scheme's first motion was directed, with voting expected in December 2022. Canara Bank was offered assets of the Corporate Debtor in the Scheme. Canara Bank later accepted a One Time
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Order passed by the…
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The case involves an appeal against an order passed by the Adjudicating Authority on 23.11.2022, which admitted an application filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) by Canara Bank. The appellant challenged the order dated 14.11.2022 in the Bombay High Court, and a Special Leave Petition (SLP) is pending before the Supreme Court. The appellant also submitted a Scheme of Arrangement under Section 230 of the Companies Act regarding the Corporate Debtor, Supreme Infrastructure India Ltd., in which Canara Bank is a Financial Creditor. The appellant sought to file documents pertaining to the Scheme before the Adjudicating Authority.
Bhawanishankar Harishchandra Sharma filed an appeal against the Adjudicating Authority's order dated 23.11.2022, which admitted Canara Bank's Section 7 application. The appellant had challenged an earlier order dated 14.11.2022 in the Bombay High Court, with a pending SLP before the Supreme Court. A Scheme of Arrangement under Section 230 of the Companies Act was submitted concerning Supreme Infrastructure India Ltd., the Corporate Debtor, where Canara Bank is a Financial Creditor. The appellant sought to present documents related to the Scheme before the Adjudicating Authority. The Scheme's first motion was directed, with voting expected in December 2022. Canara Bank was offered assets of the Corporate Debtor in the Scheme. Canara Bank later accepted a One Time
…Order passed by the…
The Adjudicating…