GLOSTER LIMITED versus GLOSTER CABLES LIMITED & ORS.

Case summary from SCR

Issue for Consideration Whether the Adjudicating Authority could have, on the facts of the present case, in the process of adjudicating the application of respondent no.1-GCL, recorded a finding that the trademark “Gloster” was an asset of the respondent no.2-Corporate Debtor (FGIL) appellant. Headnotes† Insolvency and Bankruptcy Code, 2016 – s.60(5) – Jurisdiction of NCLT – Corporate Debtor – Respondent no.2-FGIL (Corporate Debtor) was hauled up before the Adjudicating Authority u/s.9 of IBC – Resolution Professional (RP) was appointed