Notice by Unauthorized Advocate Invalid Under Section 8 of IBC 2016: NCLAT

Uttam Galva Steels Limited Vs DF Deutsche Forfait AG And Anr (NCLAT Delhi) In a significant ruling, the National Company Law Appellate Tribunal (NCLAT) Delhi has set aside an order by the National Company Law Tribunal (NCLT) Mumbai that initiated corporate insolvency resolution proceedings against Uttam Galva Steels Limited. The NCLAT’s decision, delivered in the case of Uttam Galva Steels Limited Vs DF Deutsche Forfait AG & Anr., hinged on several crucial interpretations of the Insolvency and Bankruptcy Code (IBC), 2016, concerning joint applications by operational creditors, the va...