The appellant filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, which was rejected by the Adjudicating Authority due to a 'pre-existence of dispute'. The appellant then filed an appeal against this rejection.
Pleasant Valley Development Pvt. Ltd. (Appellant) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) against M/s. Spain Hospitality Pvt. Ltd. (Corporate Debtor). The Adjudicating Authority, on June 14, 2019, rejected this application, citing a 'pre-existence of dispute' as the reason for dismissal. This rejection led to the current appeal before the National Company Law Appellate Tribunal (NCLAT).
…M/s. Spain Hospitality Private Limited…
The Appellant issued a…
Sign in to view related legal provisions.
The appellant filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, which was rejected by the Adjudicating Authority due to a 'pre-existence of dispute'. The appellant then filed an appeal against this rejection.
Pleasant Valley Development Pvt. Ltd. (Appellant) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) against M/s. Spain Hospitality Pvt. Ltd. (Corporate Debtor). The Adjudicating Authority, on June 14, 2019, rejected this application, citing a 'pre-existence of dispute' as the reason for dismissal. This rejection led to the current appeal before the National Company Law Appellate Tribunal (NCLAT).
…M/s. Spain Hospitality Private Limited…
The Appellant issued a…
Sign in to view related legal provisions.