Power of the Bench to call for further information or evidence - ...

Court Denies Appellant's Request for Document Disclosure Due to Lack of Privity with Corporate Debtor; Decision Upheld.

August 25, 2022

Case Laws     Insolvency and Bankruptcy     AT

Power of the Bench to call for further information or evidence - In the present case, the Appellant has filed an application seeking directions to the Corporate Debtor to disclose certain documents. The Adjudicating Authority after considering the application has given reasons especially that there is no privity of contract between the Appellant and the Corporate Debtor, hence, he is not entitled to call for documents. - The Adjudicating Authority has exercised its discretion in accordance with law after giving due reasons which does not warrant any interference in exercise of our Appellate jurisdiction - AT

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