Written Response From Corporate Debtor not Necessary for Deciding Preliminary Issue of Maintainability of Petition u/s 9 of IBC: NCLT [Read Order]

The NCLT held that a written response from the corporate debtor is not necessary for deciding the preliminary issue of maintainability of petition u/s 9 of IBC
Corporate Debtor - Written Response - Maintainability - Deciding Preliminary Issue - Maintainability of Petition - NCLT - TAXSCAN

The New Delhi Bench of the National Company Law Appellate Tribunal (NCLT) observed that the servicer of aircraft lessors has no locus standi to file insolvency proceedings against Spicejet in the absence of privity of contract. Mr Milan Chitalia applied to the Adjudicating Authority by Mr. Milan Chitalia, the Authorised Representative of the Operational Creditor,…

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