Case Law Details
Case Name : Bhojraj Verma & Or Vs Garima Real Estate & Allied Ltd (NCLT Indore)
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NCLT
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Bhojraj Verma & Or Vs Garima Real Estate & Allied Ltd (NCLT Indore)
NCLT Indore Admits Insolvency Petition Against Garima Real Estate, Citing Investor Default
The National Company Law Tribunal (NCLT), Indore Bench, has delivered a judgment in the case of Bhojraj Verma & Ors. Vs Garima Real Estate & Allied Limited, admitting a petition filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, and initiating the Corporate Insolvency Resolution Process (CIRP) against the real estate company, Garima Real Estate & Allied Limited (the Corporate Debtor).
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