https://www.taxtmi.com/highlights?id=79162 Section 7 application rejected as barred by Section 10A of IBC. Supreme Court held no bar in amending pleadings or filing additional documents u/s 7, but present case involved changing default date without justification. Section 10A provides protection to corporate debtor during COVID period, which cannot be circumvented indirectly. Adjudicating Authority rightly rejected amendment application and Section 7 application as barred by Section 10A, which prohibits filing applications for defaults during the specified period. Argument of continuous default rejected. Appeal dismissed by NCLAT. en-us Sat, 06 Jul 2024 07:50:35 +0530 Sat, 06 Jul 2024 07:50:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79162 Section 7 application rejected as barred by Section 10A of IBC. Supreme Court held no bar in amending pleadings or filing additional documents u/s 7, but present case involved changing default date without justification. Section 10A provides protection to corporate debtor during COVID period, which cannot be circumvented indirectly. Adjudicating Authority rightly rejected amendment application and Section 7 application as barred by Section 10A, which prohibits filing applications for defaults during the specified period. Argument of continuous default rejected. Appeal dismissed by NCLAT. Highlights Insolvency and Bankruptcy Sat, 06 Jul 2024 07:50:35 +0530 https://www.taxtmi.com/highlights?id=79162