The Union Bank of India filed an appeal against Rajahmundary Godavari Bridge Ltd. The appeal challenged an order dated 18th July 2019, issued by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, which had reserved its order in C.P. (IB)2677(MB)/2018 after hearing the parties. The core issue revolves around a matter related to the Insolvency and Bankruptcy Code, 2016. The appellate tribunal found no reason to interfere with the Adjudicating Authority's order but emphasized the need for an expeditious decision.

The Union Bank of India filed an appeal against Rajahmundary Godavari Bridge Ltd. The appeal challenged an order dated 18th July 2019, issued by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, which had reserved its order in C.P. (IB)2677(MB)/2018 after hearing the parties. The core issue revolves around a matter related to the Insolvency and Bankruptcy Code, 2016. The appellate tribunal found no reason to interfere with the Adjudicating Authority's order but emphasized the need for an expeditious decision.