Volkswages Finance Pvt. Ltd. filed an appeal against Shree Bala Printopack Pvt. Ltd. & Ors. The appeal involves a delay of 1 day, which the court condoned. The core issue is whether the registration of motor vehicles under the Motor Vehicles Act before Section 77(3) of the Companies Act, 2013, should be considered when determining if Volkswages Finance Pvt. Ltd. is a 'Secured Creditor' under Section 3 (30) and (31) of the I&B Code. The court issued notice to the respondents and scheduled the case for further consideration along with another related appeal. An interim order was issued preventing the liquidator from selling the vehicles in question without prior permission.

Volkswages Finance Pvt. Ltd. filed an appeal against Shree Bala Printopack Pvt. Ltd. & Ors. The appeal involves a delay of 1 day, which the court condoned. The core issue is whether the registration of motor vehicles under the Motor Vehicles Act before Section 77(3) of the Companies Act, 2013, should be considered when determining if Volkswages Finance Pvt. Ltd. is a 'Secured Creditor' under Section 3 (30) and (31) of the I&B Code. The court issued notice to the respondents and scheduled the case for further consideration along with another related appeal. An interim order was issued preventing the liquidator from selling the vehicles in question without prior permission.