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Madras HC Quashes MSME Award as Claim Not Filed During CIRP
Case Law Details
- Case Name
- Capricon Food Products Indian Limited Vs Conveyor Engineering Systems (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Madras High Court
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Capricon Food Products Indian Limited Vs Conveyor Engineering Systems (Madras High Court)
The Madras High Court considered a Civil Revision Petition challenging an order of the executing court that had allowed execution proceedings to recover ₹34,53,303 based on an award passed by the Micro, Small and Medium Enterprises (MSME) Council. The petitioner, who was the respondent/judgment debtor in the execution petition, argued that the execution proceedings were not maintainable because the company had undergone a Corporate Insolvency Resolution Process (CIRP) under the Insolven...
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