Gujarat HC dismisses writ over pending NCLAT appeal
In short
The Gujarat High Court dismissed a writ challenge to a ₹7.40 crore CIRP admission order.
It said the same issues were already pending before the NCLAT in appeal, and no exceptional reason was shown to step in. The report does not name the parties or say when the appeal will be heard.
What the reporting says
The Gujarat High Court declined to exercise writ jurisdiction over a ₹7.40 crore CIRP admission order because identical grounds were already pending before the NCLAT in appeal. The publisher summary says the court found no exceptional circumstances to intervene. It does not identify the parties to the insolvency dispute or say when the appeal will be heard.
Why it matters
The Gujarat High Court refused to use writ powers in a case challenging a ₹7.40 crore CIRP admission order because the same grounds were already before the NCLAT on appeal. The court reportedly saw no exceptional circumstances to justify intervention. The available reporting does not identify the litigants or the underlying business, so the broader insolvency impact is unclear.