Dismissed
In the matter of Superior Industries Ltd. [IB-1032-ND-2018]
NCLTIB-1032-ND-2018
Case brief
AI extract
What is this about?
The Tribunal disposed of an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, declaring it infructuous because the NCLAT had already closed the CIRP and discharged the IRP following a settlement between the debtor and the financial creditor.
What did the court decide?
The application IA/3858/2023 was dismissed as infructuous and the main petition IB-1032/ND/2018 was disposed of.