Straight Edge Contracts Pvt. Ltd. appealed to the NCLAT to expunge remarks made by the NCLT in its order dated 2022-03-29 concerning collusion. The NCLAT dismissed the appeal without granting the appellant a hearing. The appellant then approached the Supreme Court. Some parties raised grievances regarding the conduct of the Interim Resolution Professional (IRP). The Supreme Court noted that the NCLAT dismissed the appeal without giving an opportunity of hearing to the appellant. The Supreme Court also noted the grievance of the appellant that the observations made by the NCLT are unsustainable.

Straight Edge Contracts Pvt. Ltd. appealed to the NCLAT to expunge remarks made by the NCLT in its order dated 2022-03-29 concerning collusion. The NCLAT dismissed the appeal without granting the appellant a hearing. The appellant then approached the Supreme Court. Some parties raised grievances regarding the conduct of the Interim Resolution Professional (IRP). The Supreme Court noted that the NCLAT dismissed the appeal without giving an opportunity of hearing to the appellant. The Supreme Court also noted the grievance of the appellant that the observations made by the NCLT are unsustainable.