Case Law Details
Case Name : Asset Reconstruction Company (India) Limited Vs ACCIL Corporation Private Limited
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NCLT
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Asset Reconstruction Company (India) Limited Vs ACCIL Corporation Private Limited (NCLT Jaipur)
NCLT Jaipur held that application under section 7 of the Insolvency and Bankruptcy Code [IBC] for initiation of Corporate Insolvency Resolution Process [CIRP] of ACCIL Corporation Pvt. Ltd. [Corporate Debtor] admitted as debt and default stands duly established.
Facts- The present Application has been preferred under Section 7 of the Insolvency and Bankruptcy Code, 2016 by Asset Reconstruction Company (India) Limited (Tinancial Creditor’/ ‘Applicant’) seeking Corporate Insolvency...
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