Order not falling under part II of IBC is not appealable u/s. 61: NCLAT Chennai

Renuka Devi Rangaswamy Vs State Bank of India (NCLAT Chennai)

NCLAT Chennai held that order not falling under Part II of the Insolvency and Bankruptcy Code, 2016 [IBC] is not appealable under section 61 of the IBC and accordingly appeal dismissed as not maintainable.

Facts- Resolution professional of Regen Powertech Private Limited (RPPL) & Regen Infrastructure And Services Private Limited has filed the present appeal. The basic argument of the Counsel for the appellant would be confined to the directives, which have been given by the Ld. Adjudicating Au

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