Neelkanth Surgical Industries Private Limited Lucknow v. National Company Law Tribunal Allahabad Thru.Registrar and Anr.
Case brief
What is this about?
The Hon'ble Allahabad High Court dismissed a writ petition challenging an NCLT order and seeking prohibition against a Corporate Insolvency Resolution Process. The court held the petition was barred due to the availability of an alternative statutory remedy under Section 61 of the Insolvency and Bankruptcy Code, 2016.