The Appellant filed an appeal against an order dated 01.03.2024, where an application under Section 10 was dismissed due to the bar of Section 10A of the IBC.
An application under Section 10 was filed by the Appellant.
The application was dismissed due to the bar of Section 10A.
The Appellant argued that Section 10A only bars applications during the period of the bar.
The Appellant relied on the judgment of Ramesh Kymal Vs. Siemens Gamesa Renewable Power Private Limited.
The Hon'ble Supreme Court's interpretation of Section 10A was considered.
The court stated that Section 10A clearly bars applications under Sections 7, 8, and 10 for defaults occurring during the 10A period.
The appeal was dismissed.
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Order was passed…
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The Appellant filed an appeal against an order dated 01.03.2024, where an application under Section 10 was dismissed due to the bar of Section 10A of the IBC.
An application under Section 10 was filed by the Appellant.
The application was dismissed due to the bar of Section 10A.
The Appellant argued that Section 10A only bars applications during the period of the bar.
The Appellant relied on the judgment of Ramesh Kymal Vs. Siemens Gamesa Renewable Power Private Limited.
The Hon'ble Supreme Court's interpretation of Section 10A was considered.
The court stated that Section 10A clearly bars applications under Sections 7, 8, and 10 for defaults occurring during the 10A period.
The appeal was dismissed.
Order was passed…
The appeal wa…
Sign in to view related legal provisions.