Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + Tri Insolvency and Bankruptcy - 2019 (10) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (10) TMI 4 - Tri - Insolvency and BankruptcyMaintainability of petition - initiation of CIRP - Corporate Debtor committed default for non-repayment - HELD THAT:- The Tribunal is of the opinion that justice would be met if both the parties are permitted to resolve their issues by the proposed arbitration rather than to keep the matter pending here, since the Share Subscription Agreement in question is admittedly was executed and binding on both the parties, where Arbitration clause is available. The Petition is disposed off.
|