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2018 (2) TMI 1736 - NATIONAL COMPANY LAW APPELLATE TRIBUNALCorporate Insolvency Resolution Process - whether an application under Section 7 of the ‘I&B Code’ can be rejected on the ground of pendency of a winding-up? - Held that:- In the present case, as admittedly the High Court has already admitted the winding up proceedings and ordered for winding-up of the Respondent-‘Corporate Debtor’, we hold that the question of initiation of ‘Corporate Insolvency Resolution Process’ against same ‘Corporate Debtor’ does not arise. Appeal dismissed.
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