NCLAT Upholds CIRP Proceedings: Mukund Rajhans Vs Rajasthan Patrika

Mukund Rajhans Vs Rajasthan Patrika Private Limited (NCLAT Delhi) The National Company Law Appellate Tribunal (NCLAT) recently rendered a crucial judgment in the case of Mukund Rajhans versus Rajasthan Patrika Private Limited. This article delves into the intricate details and implications of the NCLAT’s decision, which pertains to the initiation of Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code (IBC). The case revolves around outstanding dues to an operational creditor and the disputations raised by the parties involved. The appeal w...