SC Dismisses Appeals, Urges Pursuit of Remedies u/s 100 of Insolvency and Bankruptcy Code 2016.

The SC declined to entertain the Special Leave Petitions and Civil Appeals filed before adjudication under Section 100 of the Insolvency and Bankruptcy Code 2016. The Court highlighted that petitioners/appellants could pursue all remedies before the Adjudicating Authority at the Section 100 stage. Consequently, the petitions and appeals were dismissed, and any pending applications related to these matters were ordered to be disposed of.

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Issues Involved:
1. Adjudication u/s 100 of the Insolvency and Bankruptcy Code 2016.
2. Remedies available to petitioners/appellants before the Adjudicating Authority.
3. Entertaining of Special Leave Petitions/Civil Appeals.

Summary:

Adjudication u/s 100 of the Insolvency and Bankruptcy Code 2016:
The Supreme Court noted that the Special Leave Petitions/Civil Appeals were filed prior to the adjudication under Section 100 of the Insolvency and Bankruptcy Code 2016. The Court emphasized that the petitioners/appellants have the opportunity to pursue all remedies before the Adjudicating Authority at the stage of Section 100.

Remedies available to petitioners/appellants before the Adjudicating Authority:
The judgment referenced a separate judgment delivered in "Dilip B Jiwrajka v Union of India Writ Petition (C) No 1281 of 2021 etc." which clarified that the petitioners/appellants could pursue all available remedies before the Adjudicating Authority during the adjudication process u/s 100.

Entertaining of Special Leave Petitions/Civil Appeals:
Given the above context, the Supreme Court declined to entertain the Special Leave Petitions/Civil Appeals. Consequently, these petitions and appeals were dismissed.

Disposition of Pending Applications:
The Court ordered that any pending applications related to these petitions and appeals stand disposed of.

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