News
NCLAT: Can Admit Application u/s 7 of IBC if Interest on Principal Amount Crosses Threshold Limit - 02.12.2024
NCLAT Delhi bench has held that application under Section 7 of Insolvency and Bankruptcy Code, 2016 can be admitted if interest on principle amount disbursed to the corporate debtor crosses the threshold limit as provided under section 4 of the Code.
Tags : NCLAT Delhi Principal Amount Corporate Debtor
Share : 

