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NCLAT releases Flipkart India from Corporate Insolvency Resolution Process (CIRP)

Case Law Details

Case Name
Neeraj Jain Vs Cloudwalker Streaming Technologies Pvt. Ltd. (NCLAT)
Date of Judgement/Order
Only available for paid members
Courts
NCLAT
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Neeraj Jain Vs Cloudwalker Streaming Technologies Pvt. Ltd. (NCLAT) we have found that demand notice delivered under Section 8(1) of the Code was not proper and was also incomplete. The Operational Creditor failed to submit any documents to prove in existence of the Operational debt and the amount in The Operational Creditor also failed to submit the copy of invoices and copies of all the documents referred in the application to be submitted in Form 5, under Section 9 of the Code. The Operational Creditor has failed to submit the relevant documents under which the debt has become due. The Oper...
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