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Additional Objections Permissible in Section 7 IBC Proceedings: Kerala HC
Case Law Details
- Case Name
- BPL Limited Vs National Company Law Tribunal (Kerala High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Kerala High Court
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BPL Limited Vs National Company Law Tribunal (Kerala High Court)
The Kerala High Court allowed a writ petition filed by the corporate debtor challenging an order of the National Company Law Tribunal (NCLT), Kochi Bench, which had declined permission to file additional objections in proceedings initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC).
The petitioner company had allegedly availed credit facilities from the second respondent, which subsequently initiated insolvency proceedings under Section 7 of the IBC before the NCLT. The petitioner entered a...
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