NCLAT Dismisses Appeal as Infructuous in Gayatri Projects Insolvency

The National Company Law Appellate Tribunal (NCLAT) dismissed an appeal by a partnership firm against Gayatri Projects Ltd. as infructuous.
The appeal challenged an NCLT order that rejected the appellant's application regarding dues in the Corporate Insolvency Resolution Process (CIRP) of Gayatri Projects.
The NCLAT found the appeal infructuous as the CIRP was withdrawn, allowing the appellant to pursue other legal remedies.