https://www.taxtmi.com/caselaws?id=774646 The SC dismissed an appeal challenging an NCLAT order under Section 7 of the IBC, 2016. The appellant contested the petition's admissibility on grounds of limitation, threshold support requirements, and alleged fraudulent claims with material suppression. The NCLAT had ruled that objections regarding allottees' eligibility were without merit as respondents satisfied Section 7(1) threshold requirements. The SC found no good reason to interfere with the NCLAT's decision dated 23.04.2025 and dismissed the appeal. en-us Mon, 19 May 2025 00:00:00 +0530 Sat, 12 Jul 2025 08:40:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774646 The SC dismissed an appeal challenging an NCLAT order under Section 7 of the IBC, 2016. The appellant contested the petition's admissibility on grounds of limitation, threshold support requirements, and alleged fraudulent claims with material suppression. The NCLAT had ruled that objections regarding allottees' eligibility were without merit as respondents satisfied Section 7(1) threshold requirements. The SC found no good reason to interfere with the NCLAT's decision dated 23.04.2025 and dismissed the appeal. Case-Laws IBC Mon, 19 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774646