NCLAT: Submission of Status Report in Cr. Proceeding Won’t Have Bearing While Deciding App u/s 7 IBC - 26.12.2024

NCLAT New Delhi bench has held that while deciding an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 submission of status report in criminal proceeding regarding allegations of fraud and forgery can have no bearing on it.

Tags : NCLAT New Delhi Status Report Criminal Proceeding

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