The case involves an application filed by a home buyer before the Ahmedabad Bench of the National Company Law Tribunal (NCLT). The application's maintainability is being assessed in light of a prior decision by the Supreme Court in Writ Petition No. 26 of 2020, dated 2021-01-19. This Supreme Court decision upheld the validity of the amendment to Section 5(8)(f) proviso of the Insolvency and Bankruptcy Code. Mr. Priyank Dave appeared as counsel for the Financial Creditor, and Mr. Pavan S Godiawala represented the Corporate Debtor, Adani M2K Projects LLP. The NCLT ultimately dismissed the application, finding it not maintainable.

The case involves an application filed by a home buyer before the Ahmedabad Bench of the National Company Law Tribunal (NCLT). The application's maintainability is being assessed in light of a prior decision by the Supreme Court in Writ Petition No. 26 of 2020, dated 2021-01-19. This Supreme Court decision upheld the validity of the amendment to Section 5(8)(f) proviso of the Insolvency and Bankruptcy Code. Mr. Priyank Dave appeared as counsel for the Financial Creditor, and Mr. Pavan S Godiawala represented the Corporate Debtor, Adani M2K Projects LLP. The NCLT ultimately dismissed the application, finding it not maintainable.