Supreme Court of India Upholds NCLAT's Decision in Insolvency Appeal, Finds No Substantial Question of Law. The SC of India dismissed the appeal against the NCLAT's order in Company Appeal (AT)(Insolvency) No 752 of 2021, dated 21 October 2022. The bench found ...
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Supreme Court of India Upholds NCLAT's Decision in Insolvency Appeal, Finds No Substantial Question of Law.
The SC of India dismissed the appeal against the NCLAT's order in Company Appeal (AT)(Insolvency) No 752 of 2021, dated 21 October 2022. The bench found no substantial question of law warranting intervention. Consequently, the appeal and any pending applications were disposed of, affirming the NCLAT's decision.
Issues involved: Appeal against the order of the National Company Law Appellate Tribunal.
Summary: The Supreme Court of India, comprising Hon'ble the Chief Justice, Hon'ble Mr. Justice J.B. Pardiwala, and Hon'ble Mr. Justice Manoj Misra, dismissed the appeal against the order of the National Company Law Appellate Tribunal dated 21 October 2022 in Company Appeal (AT)(Insolvency) No 752 of 2021. The Court found no substantial question of law involved in the appeal, leading to the dismissal of the appeal. Any pending application was also disposed of as a result of this judgment.
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