Writ Petition Not Maintainable Against the Private Company Under Insolvency in a Contractual Dispute Unless It Is the Breach of Some Law or a Statutory Rule: Allahabad HC

In a recent legal development, the Allahabad High Court delivered a significant judgment concerning the maintainability of a writ petition against an insolvent company. The case, Reddy Veerraju Chowdary vs. Insolvency Professional/Resolution Professional, centered around the petitioner’s plea for a writ of mandamus against Gayatri Projects Limited, a private limited company facing insolvency proceedings. The

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