The case involves a civil appeal against an order of admission passed in a Corporate Insolvency Resolution Process (CIRP) initiated by a financial creditor against a corporate debtor. Another financial creditor sought to intervene, claiming the corporate debtor defaulted in payment, leading them to independently file an application under Section 7 of the Insolvency and Bankruptcy Code (IBC). The NCLT dismissed this application, but the NCLAT reversed the order. The corporate debtor filed a civil appeal against the NCLAT's order, which was later withdrawn. The NCLT then passed an order stating that the intervenor's application could not be considered at that stage but allowed the intervenor to restore the main application subject to the outcome of the appeal before the

The case involves a civil appeal against an order of admission passed in a Corporate Insolvency Resolution Process (CIRP) initiated by a financial creditor against a corporate debtor. Another financial creditor sought to intervene, claiming the corporate debtor defaulted in payment, leading them to independently file an application under Section 7 of the Insolvency and Bankruptcy Code (IBC). The NCLT dismissed this application, but the NCLAT reversed the order. The corporate debtor filed a civil appeal against the NCLAT's order, which was later withdrawn. The NCLT then passed an order stating that the intervenor's application could not be considered at that stage but allowed the intervenor to restore the main application subject to the outcome of the appeal before the