The Committee of Creditors of Vallabh Textiles Company Ltd., represented by Sumat Gupta, RP, filed an appeal against Aggarsain Spinners Ltd. & Anr. before the NCLAT. During the proceedings, the appellant's counsel, Mr. Abhishek Anand, submitted that the appeal had become infructuous because of an order dated 09.12.2022 passed by the Supreme Court in Civil Appeal Nos. 7015-7016 of 2022. The NCLAT considered this submission and, in light of the circumstances, dismissed the appeal as infructuous. The key fact is the Supreme Court's order, which rendered the NCLAT appeal without purpose.

The Committee of Creditors of Vallabh Textiles Company Ltd., represented by Sumat Gupta, RP, filed an appeal against Aggarsain Spinners Ltd. & Anr. before the NCLAT. During the proceedings, the appellant's counsel, Mr. Abhishek Anand, submitted that the appeal had become infructuous because of an order dated 09.12.2022 passed by the Supreme Court in Civil Appeal Nos. 7015-7016 of 2022. The NCLAT considered this submission and, in light of the circumstances, dismissed the appeal as infructuous. The key fact is the Supreme Court's order, which rendered the NCLAT appeal without purpose.