TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Appeal Dismissed: No Grounds Found; Corporate Insolvency Concerns to Be Reviewed Separately; Pending Apps Resolved.</h1> <h3>SEETA SHAH Versus ICICI BANK LIMITED AND ANOTHER</h3> The SC dismissed the appeal, finding no substantial grounds to challenge the impugned judgment. The appellant's concerns regarding the Corporate ... Maintainability of section 7 application - effect of approval of Resolution Plan in the CIRP of the Principal Borrower on the guarantee which was given by the Corporate Debtor to ICICI Bank - it was held by NCLAT that 'The Adjudicating Authority after considering all relevant aspects of the matter has admitted the Section 7 application against the Corporate Guarantor, in which there are no infirmity' - HELD THAT:- There are no good ground and reason to interfere with the impugned judgment and, hence, the appeal is dismissed. The Supreme Court dismissed the appeal, stating no good ground to interfere with the impugned judgment. The appellant's issues against the Corporate Insolvency Resolution Process will be examined independently. Pending applications will be disposed of.
TaxTMI 
TaxTMI 
