https://www.taxtmi.com/caselaws?id=783408 SC upheld orders of NCLT, Delhi and NCLAT, Principal Bench, New Delhi, declining to interfere with the Adjudicating Authority's exercise of jurisdiction under Sections 60(5), 63, 231 and 238 of the Insolvency and Bankruptcy Code, 2016. Allegations of deliberate breach of agreements to sell, fraudulent possession of share certificates and original documents, and mala fide obstruction of the CIRP were not found sufficient to warrant SC intervention under Section 62 IBC. The appellate court affirmed that the NCLT had correctly assumed and exercised jurisdiction. The appeal was dismissed. en-us Tue, 09 Dec 2025 00:00:00 +0530 Tue, 16 Dec 2025 08:19:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783408 SC upheld orders of NCLT, Delhi and NCLAT, Principal Bench, New Delhi, declining to interfere with the Adjudicating Authority's exercise of jurisdiction under Sections 60(5), 63, 231 and 238 of the Insolvency and Bankruptcy Code, 2016. Allegations of deliberate breach of agreements to sell, fraudulent possession of share certificates and original documents, and mala fide obstruction of the CIRP were not found sufficient to warrant SC intervention under Section 62 IBC. The appellate court affirmed that the NCLT had correctly assumed and exercised jurisdiction. The appeal was dismissed. Case-Laws IBC Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783408