SC: Courts Must Curb Unlicensed Money Lenders; Probes Need Not Wait For New Law  ||  SC: Gratuity May be Withheld While Criminal or Disciplinary Proceedings are Pending Against Employee  ||  SC: Weapon Recovery Useless Without Proof Linking it to Crime under Section 27 Evidence Act  ||  SC: Fines Also Run Concurrently When Sentences For Multiple Offences Run Concurrently  ||  SC Dissolves 10-Year Estranged Marriage, Quashes 80+ Cases in 'Matrimonial Mahabharata' Dispute  ||  SC: Board Resolution Signature Alone Doesn’t Prove Director’s Knowledge of Company Affairs  ||  Raj HC: Industrial Tribunal Allowing Workman Legal Representation But Denying Employer is Unequal  ||  Karnataka HC: Service Bonds Enforceable on Students With Subsidised Education, Not Bonded Labour  ||  Gauhati HC: Challenge to Marks Barred by Constructive Res Judicata When Party Accepts Limited Remand  ||  SC: Cheque Dishonour Complaint Can't be Quashed Pre-Trial if Sec 138 NI Act Conditions Met    

NCLAT: Cannot Dismiss Insolvency Plea Over Claims Disputed After Demand Notice - (29 Jul 2019)

INSOLVENCY

National Company Law Appellate Tribunal (NCLAT) has directed the National Company Law Tribunal (NCLT) to decide over an insolvency plea filed against leading real estate firm Raheja Developers by one of its operational creditors. Setting aside the earlier order passed by NCLT, the NCLAT said existence of any "disputed claim" cannot be a ground to reject an application under Section 9 of the Insolvency and Bankruptcy Code, 2016.

Tags : NCLAT   DEMAND NOTICE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved