Sree Metaliks Limited and another v. Union of India and Anr. (W.P. 7144 (W) of 2017)

In this case, Sree Metaliks Limited and another v. Union of India and Anr. (W.P. 7144 (W) of 2017),  the petitioner had challenged Section 7 of the Insolvency Bankruptcy Code, 2016 and the related rules under the 2016 Law of Insolvency and Bankruptcy (Application to the Adjudicating Authority). The petitioner complained that IBC 2016 did not offer any opportunities to hear from a corporate debtor in a petition brought under section 7 of IBC.

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