https://www.taxtmi.com/caselaws?id=774781 The SC upheld the National Company Law Appellate Tribunal's order regarding a petition for initiation of CIRP. The court examined issues of admissibility, validity of financial creditor's demand for interest and principal repayment, existence of debt and default, and time limitations. Finding no grounds to interfere with the appellate tribunal's decision, the SC dismissed the civil appeal, affirming the lower tribunal's ruling on the insolvency proceedings. en-us Mon, 03 Mar 2025 00:00:00 +0530 Tue, 15 Jul 2025 08:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774781 The SC upheld the National Company Law Appellate Tribunal's order regarding a petition for initiation of CIRP. The court examined issues of admissibility, validity of financial creditor's demand for interest and principal repayment, existence of debt and default, and time limitations. Finding no grounds to interfere with the appellate tribunal's decision, the SC dismissed the civil appeal, affirming the lower tribunal's ruling on the insolvency proceedings. Case-Laws IBC Mon, 03 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774781