The Supreme Court has held that a petitioner must pursue the appellate remedy before the National Company Law Appellate Tribunal (NCLAT) under Section 61 of the IBC, instead of invoking writ jurisdiction. The bench of Justice K.V. Vishwanathan and Justice Vipul M. Pancholi clarified that all issues raised between the parties — including questions relating…
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IBC Remedy Must Be Exhausted; Approach NCLAT: Supreme Court Declines Interference in CIRP Withdrawal Dispute
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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