https://www.taxtmi.com/caselaws?id=440912 The High Court of Tripura at Agartala dismissed a PIL concerning the Insolvency and Bankruptcy Code, 2016. The subsequent SLP and review application were also rejected. An appeal was made against the review application, emphasizing ongoing litigation before the NCLAT. The Court directed the NCLAT to independently assess appeals, including one by Indiabulls Housing Finance Ltd., considering all defenses. Despite arguments of mis-disclosure of facts, the Court declined to intervene, leaving the matter for the NCLAT to decide. Civil Appeal No. 385 of 2023 was dismissed, with the Court stressing the NCLAT's role in evaluating appeals on their merits. en-us Fri, 27 Jan 2023 00:00:00 +0530 Sat, 29 Jul 2023 08:09:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440912 The High Court of Tripura at Agartala dismissed a PIL concerning the Insolvency and Bankruptcy Code, 2016. The subsequent SLP and review application were also rejected. An appeal was made against the review application, emphasizing ongoing litigation before the NCLAT. The Court directed the NCLAT to independently assess appeals, including one by Indiabulls Housing Finance Ltd., considering all defenses. Despite arguments of mis-disclosure of facts, the Court declined to intervene, leaving the matter for the NCLAT to decide. Civil Appeal No. 385 of 2023 was dismissed, with the Court stressing the NCLAT's role in evaluating appeals on their merits. Case-Laws Insolvency and Bankruptcy Fri, 27 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440912