https://www.scconline.com/blog/post/2022/10/03/supreme-court-review-petition-axis-bank-section-75-of-insolvency-and-bankruptcy-code-2016-discretionary-national-company-law-tribunal-application-vip-legal-research-legal-news/
Supreme Court reaffirms that NCLT under S. 7(5) of Insolvency and Bankruptcy Code has discretionary power to admit or reject an application