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Application u/s. 10 of IBC against Universal Journeys India Pvt. Ltd. admitted as debt and default established
Case Law Details
- Case Name
- In re Universal Journeys India Private Limited (NCLT Delhi)
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- NCLT
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In re Universal Journeys India Private Limited (NCLT Delhi)
NCLT Delhi held that application under section 10 of the Insolvency and Bankruptcy Code for initiation of CIRP against M/s. Universal Journeys India Private Limited [Corporate Debtor] is admitted since existence of operational debt and default duly established.
Facts- The present application is filed by M/s Universal Journeys India Private Limited (Corporate Applicant) under Section 10 of the Insolvency and Bankruptcy Code, 2016 with a prayer to initiate the Corporate Insolvency Resolution Process as the Corporate Debtor being the Cor...
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