https://www.taxtmi.com/caselaws?id=419228 The Supreme Court allowed the Appellant's appeal in a case involving an application under Section 7 of the Insolvency and Bankruptcy Code. The Court granted permission to the Appellant to amend the application and remanded the matter to the National Company Law Tribunal for fresh consideration. The Court imposed a cost of Rs. 1,00,000 on the Appellant to be paid to the Corporate Debtor. The judgment emphasized procedural fairness and the importance of a comprehensive review by the appropriate forum without expressing any opinion on the substantive aspects of the case. en-us Mon, 31 Jan 2022 00:00:00 +0530 Sat, 05 Mar 2022 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419228 The Supreme Court allowed the Appellant's appeal in a case involving an application under Section 7 of the Insolvency and Bankruptcy Code. The Court granted permission to the Appellant to amend the application and remanded the matter to the National Company Law Tribunal for fresh consideration. The Court imposed a cost of Rs. 1,00,000 on the Appellant to be paid to the Corporate Debtor. The judgment emphasized procedural fairness and the importance of a comprehensive review by the appropriate forum without expressing any opinion on the substantive aspects of the case. Case-Laws Insolvency and Bankruptcy Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419228