NCLAT Dismisses Deepti Chugh's Insolvency Appeal with Costs

NCLAT upholds NCLT Ahmedabad's dismissal of Deepti Pankaj Chugh's Section 94 insolvency petition, imposing ₹2 lakh costs for abuse of process.
Appellant filed multiple petitions to obtain interim moratorium and scuttle SBI's SARFAESI recovery against mortgaged property of Aditya Prints Pvt Ltd.
Tribunal finds petition barred by limitation from 20.03.2017 demand notice and res judicata due to previous dismissal on merits.
NCLAT concludes appellant approached tribunal with unclean hands, withholding crucial facts about separate demand notice issued to her.