Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + AT Insolvency and Bankruptcy - 2019 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (8) TMI 686 - AT - Insolvency and BankruptcyAdmissibility of application - initiation of Corporate Insolvency Resolution Process - default on the part of the ‘Corporate Debtor’ - case of appellant is that the impugned order was passed ex-parte - Section 9 of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- We find that except vague statement made by the Appellant, there is nothing on the record to suggest that the Hon’ble Supreme Court has passed specific order prohibiting ‘M/s. Sahara Q Shop Unique Products Range Limited’- (‘Corporate Debtor’) to release or pay any amount. We are not inclined to interfere with the impugned order dated 15th December, 2017 on purported ground that there is no default on the part of the ‘Corporate Debtor’ - Appeal dismissed.
|