Ship Owners Protection Limited (SOPL), an insurance company based in London, insured M/s. Kei-Rsos Maritime Limited, a company involved in single point mooring operations under contracts with oil refineries. The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Kei-Rsos Maritime Limited. SOPL, the insurer, filed an appeal. The Adjudicating Authority, National Company Law Tribunal, Amaravati Bench, directed SOPL to continue the insurance coverage. SOPL appealed this decision. The key fact is that the insurer was directed to continue insurance coverage during the CIRP.

Ship Owners Protection Limited (SOPL), an insurance company based in London, insured M/s. Kei-Rsos Maritime Limited, a company involved in single point mooring operations under contracts with oil refineries. The Corporate Insolvency Resolution Process (CIRP) was initiated against M/s. Kei-Rsos Maritime Limited. SOPL, the insurer, filed an appeal. The Adjudicating Authority, National Company Law Tribunal, Amaravati Bench, directed SOPL to continue the insurance coverage. SOPL appealed this decision. The key fact is that the insurer was directed to continue insurance coverage during the CIRP.