Applicant seeking same relief in two parallel applications is barred by doctrine of Res Sub judice

Indian Bank Vs Nimitaya Hotel & Resorts Private Limited (NCLT Delhi)

NCLT Delhi held that seeking of same reliefs in two parallel applications against the same party is barred by doctrine of Res Sub judice. Accordingly, the applicant penalized with cost of Rs. 1 Lakhs for multiplicity of proceedings and wastage of precious judicial time.

Facts- The Indian Bank (Financial Creditor) had filed a petition u/s. 7 of the Please become a Premium member. If you are already a Premium member, login here to access the full content.