Insolvency and Bankruptcy Code, 2016 – Sections 7 and 7(5)(b) – An appeal being the continuation of original proceedings, the provision of Section 7(5)(b) of the IBC, of notifying the Financial Creditor before rejection of a claim, would be attracted
SUPREME COURT OF INDIA DIVISON BENCH KOTAK MAHINDRA BANK LIMITED — Appellant Vs. KEW PRECISION PARTS PRIVATE LIMITED AND OTHERS — Respondent ( Before : Indira Banerjee and J.K. Maheshwari,…