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IBC - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Recall the Order of admission - There are no fault with the ...

Insolvency and Bankruptcy

March 4, 2020

Recall the Order of admission - There are no fault with the Impugned Order of Adjudicating Authority where it observed that it does not have jurisdiction to recall its Order of admission but do not agree with its other findings referred earlier and imposing of costs. However, this Tribunal has jurisdiction in Appeal to consider whether initiation of CIRP process against the Corporate Debtor is legal or not. - AT

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