12 August 2024


News

NCLT Delhi Dismisses Plea For Initiation Of CIRP Against Developer - 20.10.2022

National Company Law Tribunal, New Delhi has rejected the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, holding that if the allottees themselves are in default, the Corporate Debtor/ Developer Company cannot be put to its death.

Tags : National Company Law Tribunal allottees Developer

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