NCLAT: When CD Doesn’t Unequivocally Admit Debt, Application u/s 9 Must Not be Entertained - 28.02.2025

NCLAT New Delhi bench has held that when the debt is not unequivocally admitted by the Corporate Debtor (CD), application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (Code) cannot be entertained.

Tags : NCLAT New Delhi Section 9 Corporate Debtor

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