NCLAT: If Liquidation Cost Not Paid as Per Regulations, Security Interest Shall Stand Relinquished - 11.12.2024

NCLAT New Delhi bench has held that if the secured creditor does not pay the liquidation costs as per Regulation 21A(3) of the Liquidation Regulations, 2016, the security interest shall stand relinquished.

Tags : NCLAT New Delhi Security Interest Liquidation Cost

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