This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Petition u/s 9 of IBC couldn’t be rejected on grounds of raising fake claim of Pre-Existing dispute
Case Law Details
- Case Name
- Romi Datta Vs Sigma Supply Chain Solutions Pvt. Ltd. (NCLAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Romi Datta Vs Sigma Supply Chain Solutions Pvt. Ltd. (NCLAT Delhi)
Conclusion: Adjudicating Authority didn’t commit any error in holding that all requisite conditions necessary to trigger CIRP under Section 9 stood fulfilled and that the grounds of pre-existing disputes did not rest on genuine foundations and it could not be rejected on ground of raising a false claim of pre existing dispute.
Held: Appellant filed an appeal under Section 61 of IBC arising out of the Order passed by the Adjudicating Authority. Adjudicating Authority had admitted section 9 application filed by...
Author Info
