About this document
Ss Polymers Case Version by japmeetbajaj is a document available to read on EtoBox.
The National Company Law Appellate Tribunal dismissed the appeal by S.S. Polymers against Kanodia Technoplast Limited, which sought initiation of the Corporate Insolvency Resolution Process under the I&B Code. The Tribunal found that the Corporate Debtor had paid the total debt before the application was filed, and the claim for interest was deemed to lack merit and pursued with malicious intent. Consequently, the appeal was rejected as it did not adhere to the principles of the I&B Code.
- Author
- japmeetbajaj
- Language
- EN