Home
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (9) TMI 1846 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI.Admissibility of petition - Initiation of Corporate Insolvency Resolution Process -Section 9 of the Insolvency & Bankruptcy Code, 2016 - HELD THAT:- The petitioner company i.e. Tecpro Systems Limited is already undergoing insolvency process as is evident from the order passed by the Principal Bench, NCLT on 07.08.2017 - A petition by such an entity is barred by Section 11 (i) of the IBC, 2016. Petition cannot be entertained - petition dismissed.
|