https://www.taxtmi.com/caselaws?id=308619 The Supreme Court allowed the appeal, holding that the PIL challenging the insolvency resolution process constituted an abuse of process and should be dismissed. The Court emphasized that parties should pursue their rights before the National Company Law Tribunal, maintaining the principles of a previous judgment. The Court did not express an opinion on the pending application under Section 60(5) of the Insolvency and Bankruptcy Code, leaving all rights and contentions open for the Resolution Professional. en-us Wed, 29 Mar 2023 00:00:00 +0530 Sat, 08 Jul 2023 07:36:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308619 The Supreme Court allowed the appeal, holding that the PIL challenging the insolvency resolution process constituted an abuse of process and should be dismissed. The Court emphasized that parties should pursue their rights before the National Company Law Tribunal, maintaining the principles of a previous judgment. The Court did not express an opinion on the pending application under Section 60(5) of the Insolvency and Bankruptcy Code, leaving all rights and contentions open for the Resolution Professional. Case-Laws Insolvency and Bankruptcy Wed, 29 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308619