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Application u/s. 10 of IBC admitted as Corporate Applicant established debt and default
Case Law Details
- Case Name
- In re Parquet Furnishers Pvt. Ltd. (NCLT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
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In re Parquet Furnishers Pvt. Ltd. (NCLT Delhi)
NCLT Delhi held that application under section 10 of the Insolvency and Bankruptcy Code read with rule 7 for initiating Corporate Insolvency Resolution Process stands admitted as Corporate Applicant established debt and default thereon.
Facts- This Application has been filed by M/s. Parquet Furnishers Pvt. Ltd. (Corporate Applicant), before this Adjudicating Authority, under Section 10 of the Insolvency and Bankruptcy Code, 2016 r/w Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 for i...
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