Supreme Court objects to Resolution Professional filing appeal against NCLAT order, says RP should be neutral

The Court explained that an appeal, if any, should have been filed by the aggrieved parties including the corporate debtor or the committee of creditors.
Supreme Court and IBC
Supreme Court and IBC

The Supreme Court recently objected to a Resolution Professional (RP) filing appeals against a National Company Law Appellate Tribunal (NCLAT) order [Regen Powertech Private Limited vs Giriraj Enterprises and anr].

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