Dismissal of Section 9 IBC application on technical defect such as incompleteness not warranted: NCLAT

The defect related to the omission in appending of signatures on the application in the prescribed format in Form 5.
NCLAT
NCLAT
Published on
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The National Company Law Appellate Tribunal (NCLAT) has held that the dismissal of an application under Section 9 Insolvency & Bankruptcy Code as being non-maintainable for a technical defect such as incomplete Form 5 is not warranted (Silvassa Cement Products Pvt. Ltd v Noor India Buildcon).

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