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IBC - Highlights / Catch Notes

Home Highlights November 2022 Year 2022 This

Seeking review of the order - adverse remarks against the ...

Insolvency and Bankruptcy

November 24, 2022

Seeking review of the order - adverse remarks against the applicant - Applicant suppressed material facts and misguided the members of CoC to achieve the desired decision in favour of DSKL. Further, this Tribunal observed that the adverse remarks and observations made in para 54 of the order of the Adjudicating Authority dated 01.03.2021 are not baseless and further observed that for appreciating the materials on record and to decide the matter, such observations are necessary. - There is patent error - Application dismissed - AT

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