Can I read KST Infrastructure Insolvency Appeal Decision on EtoBox?
KST Infrastructure Insolvency Appeal Decision by madhavsood97 is a document available to read on EtoBox.
What is KST Infrastructure Insolvency Appeal Decision about?
The National Company Law Appellate Tribunal decided on an appeal regarding the insolvency proceedings of KST Infrastructure Ltd., where the Resolution Professional (RP) contested an order allowing a delayed claim from RPS Infrastructure Ltd. The Tribunal ruled that accepting new claims at this stage would jeopardize the ongoing Corporate Insolvency Resolution Process (CIRP) and defeat the purpose of the Insolvency and Bankruptcy Code, 2016. Consequently, the impugned order was set aside, and the appeal was
- Author
- madhavsood97
- Language
- EN