Supreme Court Dismisses Appeal; Petitioner's Right to Object Before Arbitral Tribunal Upheld; No Impact on IBC Proceedings. The SCI dismissed the SLP, determining no need for intervention under Art. 136 of the Constitution. The petitioner retains the right to present objections ...
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Supreme Court Dismisses Appeal; Petitioner's Right to Object Before Arbitral Tribunal Upheld; No Impact on IBC Proceedings.
The SCI dismissed the SLP, determining no need for intervention under Art. 136 of the Constitution. The petitioner retains the right to present objections before the Arbitral Tribunal. The contested order will not affect proceedings under the IBC, 2016. All pending applications are thereby disposed of.
The Supreme Court of India dismissed the Special Leave Petition, stating no interference under Article 136 of the Constitution is warranted. The petitioner can raise objections before the Arbitral Tribunal. The impugned order will not impact proceedings under the Insolvency and Bankruptcy Code, 2016. Any pending application is disposed of.
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