MP HC Issues Notice to Centre on Plea to Exempt 'Fantasy Sports' from New Online Gaming Law  ||  Delhi HC: Rise in Husband's Income, Living Costs Valid for Increasing Wife's Maintenance  ||  Delhi HC: State cannot limit Parole, Furlough in the name of Disciplining Prisoners  ||  Calcutta HC: Expecting Educated, Earning Wife to Contribute to Expenses is not Cruelty  ||  Delhi HC: Can File Cheque Bounce Complaint if Payment is Not Made Within 15 Days  ||  Calcutta HC: Section 94 BNSS is a 'Supplementary Tool' to secure Documents during Probe  ||  SC: Anticipatory Bail Allowed under SC/ST Act Only if Prima Facie Offense isn't Established  ||  SC: High Courts must Justify Framing Additional Questions of Law in Second Appeals  ||  SC Takes Suo Motu Case of Missing CCTV Cameras in Police Stations  ||  Centre Seeks Transfer of Pleas Against Online Gaming Act 2025 from High Court to SC    

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 2025 - All Rights Reserved