Case Law Details
Case Name : Pawan Kumar Vs Central Bank of India & Ors. (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Insolvency) No. 1095 of 2024
Date of Judgement/Order : 15/01/2025
Related Assessment Year :
Courts :
NCLAT
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Pawan Kumar Vs Central Bank of India & Ors. (NCLAT Delhi)
NCLAT Delhi held that initiated proceedings before the Debts Recovery Tribunal does not preclude Financial Creditors to take remedy under Section 7, which is a special remedy provided under the IBC.
Facts- The Corporate Debtor was extended a loan by Co
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