Sudha Electrical, an operational creditor, filed an appeal against an order dismissing its petition to initiate Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The dismissal was based on the existence of a pre-existing dispute regarding a debt and the non-maintainability of CIRP under Section 10A of the IBC. The appellant is engaged in supplying, erecting, testing, and commissioning electrical equipment and cables.

Sudha Electrical, an operational creditor, filed an appeal against an order dismissing its petition to initiate Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The dismissal was based on the existence of a pre-existing dispute regarding a debt and the non-maintainability of CIRP under Section 10A of the IBC. The appellant is engaged in supplying, erecting, testing, and commissioning electrical equipment and cables.