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of <h1>Dismissal of Petition Upholds Tribunal's Use of Insolvency Code; Petitioner Can Pursue Other Legal Remedies.</h1> The SC dismissed the Special Leave Petition, agreeing with the Tribunal's application of Section 10-A of the Insolvency and Bankruptcy Code, 2016. The ... Maintainability of SLP - applicability of Section 10-A of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- Section 10-A of the Insolvency and Bankruptcy Code, 2016 (IBC) was applicable. Hence, no reason for interference is made out in exercise of jurisdiction under Article 136 of the Constitution of India. The Special Leave Petition is accordingly dismissed. The Supreme Court dismissed the Special Leave Petition, concurring with the Tribunal that Section 10-A of the Insolvency and Bankruptcy Code, 2016 applied. The petitioner still has the option to pursue recovery through appropriate legal proceedings.
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