Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + SCH Insolvency and Bankruptcy - 2023 (8) TMI SCH This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2023 (8) TMI 1379 - SC ORDERApproval of acquisition plan submitted by the Respondent Nos. 5 to 8 - rejection of appointment of Independent Forensic Auditor - It was held by Arbitral Tribunal that Adjudicating Authority did not commit any error in passing the Order dated 11th May, 2022 approving the Auction of Corporate Debtor as a going concern in favour of Respondent Nos. 5 to 8. The Adjudicating Authority also did not commit any error in rejecting the Application filed by the Appellant praying for appointment of ‘Independent Forensic Auditor’ for conducting a forensic audit. The said application has rightly been rejected by the Adjudicating Authority. HELD THAT:- There are no reason to interfere with the impugned order of the National Company Law Appellate Tribunal, since no substantial question of law is involved in the appeal. - appeal dismissed.
|