Disposed
Company Appeal(at)(Ins) 319/CN/2026 of Smt. Kamalapuri Narasimaih Jayalakshmi v. Vistara Media Private Limited
NCLAT319/CN/2026
Case brief
AI extract
What is this about?
The appellants challenged an order dismissing their application to implead themselves in a corporate insolvency resolution process initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016. During the pendency of the appeal, the underlying Section 7 petition was withdrawn, rendering the appeal infructuous. The Tribunal recorded this development and disposed of the appeal as infructuous with no costs.
What did the court decide?
Appeal disposed of as infructuous. No costs.