Claim of eligibility u/s 29A of IBC duly rejected as MSME certificate obtained subsequent to initiation of CIRP

In re Hari Babu Thota (NCLAT Chennai)

NCLAT Chennai held that as the Application for MSME certificate was made after the commencement of CIRP, such unauthorized Application cannot be considered and cannot tide over ineligibility under Section 29-A of the Insolvency and Bankruptcy Code, 2016.

Facts- Dissatisfied by the impugned order, passed by the Adjudicating Authority (National Company Law Tribunal), dismissing the Application, whereby and whereunder the Resolution Professional/ the Appellant herein

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