https://www.taxtmi.com/caselaws?id=296368 The Court upheld the order for liquidation by the National Company Law Tribunal under the Insolvency and Bankruptcy Code, 2016. It directed the first respondent to consider the claims of workmen before proceeding with liquidation. The order was deemed appealable under Section 61 of the Code. The Court declined to exercise supervisory jurisdiction under Article 227 of the Constitution due to pending appeals. It instructed the Tribunal to expedite the disposal of all appeals and restricted disbursement to creditors until appeals were resolved. en-us Mon, 13 Jul 2020 00:00:00 +0530 Tue, 16 Nov 2021 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296368 The Court upheld the order for liquidation by the National Company Law Tribunal under the Insolvency and Bankruptcy Code, 2016. It directed the first respondent to consider the claims of workmen before proceeding with liquidation. The order was deemed appealable under Section 61 of the Code. The Court declined to exercise supervisory jurisdiction under Article 227 of the Constitution due to pending appeals. It instructed the Tribunal to expedite the disposal of all appeals and restricted disbursement to creditors until appeals were resolved. Case-Laws Indian Laws Mon, 13 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296368