Section 11A - Disposal of applications under section 54C and under section 7 or section 9 or section 10

Priority of section 54C applications: they must be disposed before certain insolvency petitions filed within a specified window.

Priority rules require the Adjudicating Authority to admit or reject a pending section 54C application before considering applications under sections 7, 9 or 10 for the same corporate debtor; a section 54C application filed within fourteen days of a pending section 7, 9 or 10 application must be disposed of first, while a section 54C application filed after fourteen days yields priority to the earlier section 7, 9 or 10 application; an exception preserves priority for applications under sections 7, 9 or 10 already pending on the amendment's commencement.