12 August 2024


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NCLAT: Security to Become Part of Liquidation Estate if Creditor Fails to Deposit Amount in 90 Days - 24.03.2025

NCLAT New Delhi bench has held that security shall become part of the liquidation estate if there is failure on part of a secured creditor to deposit the amount as stipulated under Regulation 21A(2) of the Liquidation Regulations within a period of 90 days.

Tags : NCLAT New Delhi Liquidation Estate 90 Days

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