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        2024 (11) TMI 839 - SCH - IBC

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        Supreme Court Admits Appeal, Stays Order Adding Additional Corporate Debtor Due to Non-Compliance with IB Code. The SC admitted an appeal concerning an order under the Insolvency and Bankruptcy Code, 2016. It stayed the order that added a company as an Additional ...
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                            Supreme Court Admits Appeal, Stays Order Adding Additional Corporate Debtor Due to Non-Compliance with IB Code.

                            The SC admitted an appeal concerning an order under the Insolvency and Bankruptcy Code, 2016. It stayed the order that added a company as an Additional Corporate Debtor due to non-compliance with the IB Code. The primary application may continue against the original Corporate Debtor. The stay application is returnable on 18th November, 2024.


                            The Supreme Court admitted an appeal for hearing regarding an order under the Insolvency and Bankruptcy Code, 2016. The Court stayed the order that impleaded a company as an Additional Corporate Debtor due to non-compliance with the IB Code. The main application can proceed against the original Corporate Debtor. The application for stay is returnable on 18th November, 2024.
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