https://www.taxtmi.com/highlights?id=54782 Maintainability of CIRP application - NCLAT set aside the order of NCLT on the ground that applicant failed to prove that there was an outstanding amount - The NCLAT, when it dealt with the NCLT order, wrongly recorded that documents which were already rejected by the adjudicating authority could not have been the basis of the order of admission. - The NCLAT is wrong on all the counts - SC en-us Wed, 16 Sep 2020 11:40:39 +0530 Wed, 16 Sep 2020 11:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54782 Maintainability of CIRP application - NCLAT set aside the order of NCLT on the ground that applicant failed to prove that there was an outstanding amount - The NCLAT, when it dealt with the NCLT order, wrongly recorded that documents which were already rejected by the adjudicating authority could not have been the basis of the order of admission. - The NCLAT is wrong on all the counts - SC Highlights Insolvency and Bankruptcy Wed, 16 Sep 2020 11:40:39 +0530 https://www.taxtmi.com/highlights?id=54782