Corporate Debtor Cannot Maintain Appeal Under Insolvency & Bankruptcy Code : NCLAT [Read Order]
Manu Sebastian
15 Nov 2018 10:51 AM IST
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15 Nov 2018 10:51 AM IST
Holding that corporate debtor cannot maintain appeal under the Insolvency and Bankruptcy Code, the National Company Law Appellate Tribunal dismissed an appeal.The appeal was filed by M/s Radius Infratel Pvt Ltd, which challenged an order passed by Adjudicating Authority admitting an application under Section 7 of the IBC moved by a financial creditor.The Tribunal noted that the Supreme Court...
