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NCLAT: Security to Become Part of Liquidation Estate if Creditor Fails to Deposit Amount in 90 Days - (24 Mar 2025)

INSOLVENCY

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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