Case Law Details
Case Name : Bank of India Vs Future Retail Limited (NCLT Mumbai)
Related Assessment Year :
Courts :
NCLT
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Bank of India Vs Future Retail Limited (NCLT Mumbai)
The present intervention petition filed by the Amazon.com is dismissed as it is not even a stakeholder in respect of corporate debtor. Held that being a third-party, Amazon.com cannot question the initiation of CIRP proceedings u/s 7 of IBC 2016 against the Corporate Debtor.
Facts-
Financial Creditor (Bank of India), provided various credit facilities to the Corporate Debtor amounting
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