A special leave petition was filed against the orders passed by the National Company Law Tribunal, Mumbai Bench. The Corporate Debtor was represented by a Promoter/Director after the admission of a Section 7 petition under the Insolvency and Bankruptcy Code, 2016.
A special leave petition was filed against an order of the National Company Law Tribunal, Mumbai Bench.
The Corporate Debtor was represented by a Promoter/Director after the admission of a Section 7 petition under the IBC.
The court observed that after the admission of a Section 7 petition, the Corporate Debtor should be represented by the Interim Resolution Professional/Resolution Professional.
The court stated that grievances regarding the admission of a Section 7 petition should be addressed through an appeal before the NCLAT.
The court dismissed the special leave petitions, citing the availability of a statutory appeal.
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A special leave petition was filed against the orders passed by the National Company Law Tribunal, Mumbai Bench. The Corporate Debtor was represented by a Promoter/Director after the admission of a Section 7 petition under the Insolvency and Bankruptcy Code, 2016.
A special leave petition was filed against an order of the National Company Law Tribunal, Mumbai Bench.
The Corporate Debtor was represented by a Promoter/Director after the admission of a Section 7 petition under the IBC.
The court observed that after the admission of a Section 7 petition, the Corporate Debtor should be represented by the Interim Resolution Professional/Resolution Professional.
The court stated that grievances regarding the admission of a Section 7 petition should be addressed through an appeal before the NCLAT.
The court dismissed the special leave petitions, citing the availability of a statutory appeal.
The matters wer…
Date of the impugned final judgment and order…