https://www.taxtmi.com/caselaws?id=368947 The appeal was successful in setting aside the order rejecting the application for recall and the order admitting the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the financial service provider. The court determined that the application was not maintainable against the appellant, a non-banking financial institution, as financial service providers like them are excluded from the Code's purview. The Adjudicating Authority's failure to consider relevant provisions led to the impugned order being set aside, and the appeal was deemed timely and granted in favor of the appellant. en-us Tue, 18 Sep 2018 00:00:00 +0530 Wed, 17 Oct 2018 07:43:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368947 The appeal was successful in setting aside the order rejecting the application for recall and the order admitting the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the financial service provider. The court determined that the application was not maintainable against the appellant, a non-banking financial institution, as financial service providers like them are excluded from the Code's purview. The Adjudicating Authority's failure to consider relevant provisions led to the impugned order being set aside, and the appeal was deemed timely and granted in favor of the appellant. Case-Laws Insolvency and Bankruptcy Tue, 18 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368947