M/S Wizaman Impex Pvt. Ltd. vs Kedrion Biopharma Inc

The Supreme Court upheld the decision of the National Company Law Appellate Tribunal which set aside the order of the National Company Law Tribunal regarding the insolvency proceedings of M/S Wizaman Impex Pvt. Ltd. The court found that the application under Section 9 of the Insolvency and Bankruptcy Code was validly filed by the respondent. Consequently, the appeal by the appellant-company was dismissed, affirming the NCLAT's ruling.