Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + SC Insolvency and Bankruptcy - 2019 (4) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (4) TMI 2059 - SUPREME COURTValidity of fresh proceedings u/s 7 of IBC - NCLT proceedings have been stayed in a petition filed under Sections 8 & 9 by an operational creditor - HELD THAT:- It is clear that the applicant is a financial creditor and has been thwarted, at the out set, by the order dated 12.12.2018 stating that as the NCLT proceedings have been stayed in a petition filed under Sections 8 & 9 by an operational creditor, a fresh proceeding under Section 7 of the Code cannot continue. Application disposed off.
|