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2018 (9) TMI 1795 - HC - Insolvency and BankruptcySeeking revival of the Respondent No.21 company and save it from liquidation by dispensing with the 80% shortfall for touching the criteria of 75% consent of Committee of Creditor for the Approval of Revival according to the provisions of the Insolvency and Bankruptcy Code, 2016. Held that:- Having regard to the fact that the Petitioner is having alternative and efficacious remedy of appeal, we decline to interfere in the matter in exercise of jurisdiction under Article 226 of the Constitution of India. - Petition dismissed.
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