https://www.taxtmi.com/caselaws?id=463473 Writ petition disposed; the SC ended its interim status-quo order and directed the petitioner to pursue its Section 7 application before the NCLT. The Court clarified that the RBI circular is struck down insofar as Indian banks are concerned, and any NCLT proceedings by banks premised on that circular must cease in accordance with the SC's earlier judgment. en-us Fri, 12 Apr 2019 00:00:00 +0530 Wed, 03 Sep 2025 19:06:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463473 Writ petition disposed; the SC ended its interim status-quo order and directed the petitioner to pursue its Section 7 application before the NCLT. The Court clarified that the RBI circular is struck down insofar as Indian banks are concerned, and any NCLT proceedings by banks premised on that circular must cease in accordance with the SC's earlier judgment. Case-Laws IBC Fri, 12 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463473