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        Insolvency and Bankruptcy

        2022 (2) TMI 1352 - SC - Insolvency and Bankruptcy

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        Supreme Court upholds NCLAT decision on Insolvency and Bankruptcy Code regulations. The Supreme Court affirmed the National Company Law Appellate Tribunal's decision, finding it compliant with the Insolvency and Bankruptcy Code and ...
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                          Supreme Court upholds NCLAT decision on Insolvency and Bankruptcy Code regulations.

                          The Supreme Court affirmed the National Company Law Appellate Tribunal's decision, finding it compliant with the Insolvency and Bankruptcy Code and Regulations. The appeal brought by the former directors of the corporate debtor was rejected.


                          The Supreme Court upheld the National Company Law Appellate Tribunal's judgment, stating that it duly considered the matter and issued directions in accordance with the Insolvency and Bankruptcy Code and Regulations. The appeal by the erstwhile directors of the corporate debtor was dismissed.
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