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Application u/s. 7 of IBC for CIRP against Era Infrastructure (I) Ltd. admitted as debt and default proved
Case Law Details
- Case Name
- National Asset Reconstruction Company Limited Vs Era Infrastructure (India) Ltd (NCLT Delhi)
- Appeal Number
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- NCLT
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National Asset Reconstruction Company Limited Vs Era Infrastructure (India) Ltd (NCLT Delhi)
NCLT Delhi held that application under section 7 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Corporate Debtor [Era Infrastructure (India) Ltd.] admitted since financial debt and default thereon duly proved.
Facts- The present Company Application is filed by NATIONAL ASSET RECONSTRUCTION COMPANY LIMITED (Applicant) through its Power of Attorney Holder, India Debt Resolution Company Limited u/s. 7 of the Insolvency and Bankruptcy Code, ...
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