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of <h1>Appeal Dismissed as Court Finds No Grounds to Overturn Judgment; Respondent Absent from Hearing.</h1> SC dismissed the appeal, finding no reason to interfere with the impugned judgment. The Respondent did not appear during the hearing. - TMI Initiation of CIRP - NCLT admitted the application - Operational creditors - it was held by NCLAT that this ‘Tribunal’ taking note of the fact that under the ‘Contract’ the amount was due and payable on 25.04.2020, comes to a consequent conclusion that as per provision of Section 10A, the application filed by the ‘Operational Creditor’/petitioner under Section 9 of the Code is not maintainable. HELD THAT:- There are no cogent reason to entertain the appeal. The judgment impugned does not warrant any interference. Appeal dismissed. The Supreme Court of India dismissed the appeal as they found no reason to interfere with the impugned judgment. The Respondent did not appear during the hearing.
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