2023 (7) TMI 1320 - SCH - Insolvency and Bankruptcy

Avoidance of preferential transactions - Right of claim over the amount available - conclusion of corporate insolvency resolution process - RP can continue to act beyond the approval of the Resolution Plan or not - HELD THAT - Issue notice returnable in four weeks. Dasti service in addition is permitted.

Summary

The Supreme Court of India issued an order in response to a question of law raised in an appeal. Notice is to be issued returnable in four weeks, with Dasti service permitted. No interim relief is granted in these proceedings.