12 August 2024


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NCLT: Proceedings u/s 138 NI Act Have Nothing To Do With Insolvency Application Under I&B Code - 28.07.2017

National Company Law Tribunal has ruled that disclosure of fact of initiation of proceedings u/s 138 of Negotiable Instruments Act in not necessary while filing an Application for Insolvency under Insolvency and Bankruptcy Code, 2016.

Tags : National Company Law Tribunal Insolvency and Bankruptcy Code

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