Supreme Court Dismisses Appeal by Suspended Director in Insolvency Case Due to Incompetent Filing and Time-Barred Amendment. Appeal Filed in Corporate Debtor's Name by Suspended Director After Admission Was Wholly Incompetent Under Sections 16 and 17 of Insolvency and Bankruptcy Code, 2016, and Could Not Be Converted After Expiry of Limitation Period Under Section 61(2)....
The dispute originated from an application filed by Unox S.P.A., an operational creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Ambro Asia Private Limited. The National C...
