M/S CONSOLIDATED CONSTRUCTION CONSORTIUM LTD. vs M/S HITRO ENERGY SOLUTIONS PRIVATE LIMITED

The Supreme Court addressed the appeal concerning the classification of the appellant as an operational creditor under the Insolvency and Bankruptcy Code, 2016. The court analyzed the evidentiary value of the respondent's Memorandum of Association and the limitation period for filing the application under Section 9. Ultimately, the court upheld the NCLT's decision to admit the application, reinforcing the criteria for operational creditors and the importance of documentary evidence in insolvency proceedings.