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    <title>2026 (4) TMI 311 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, CHENNAI</title>
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    <description>Sections 95 to 100 of the Insolvency and Bankruptcy Code create a pre-adjudicatory process in which the resolution professional&#039;s role under Section 99 is facilitative and recommendatory, with no final determination of rights until the adjudicating authority acts under Section 100. An order appointing a resolution professional and directing submission of a report at that stage does not finally decide any controversy, does not itself deprive a party of a legally protected right, and is therefore not treated as an appealable merits determination. The interim-moratorium does not expand the right of appeal. The appeal was held premature and not maintainable at the Section 99 stage.</description>
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    <pubDate>Fri, 13 Mar 2026 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=789242</link>
      <description>Sections 95 to 100 of the Insolvency and Bankruptcy Code create a pre-adjudicatory process in which the resolution professional&#039;s role under Section 99 is facilitative and recommendatory, with no final determination of rights until the adjudicating authority acts under Section 100. An order appointing a resolution professional and directing submission of a report at that stage does not finally decide any controversy, does not itself deprive a party of a legally protected right, and is therefore not treated as an appealable merits determination. The interim-moratorium does not expand the right of appeal. The appeal was held premature and not maintainable at the Section 99 stage.</description>
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