Case Law Details
Case Name : Agarwal Veneers Vs Fundtonic Service Pvt. Ltd. (NCLAT Delhi)
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NCLAT
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Agarwal Veneers Vs Fundtonic Service Pvt. Ltd. (NCLAT Delhi)
Held that application to initiate CIRP, against solvent and going concern company, can be denied when creditor is using insolvency as a substitute for debt recovery procedure.
Facts- The appellant had filed a petition u/s. 9 of the I Please become a Premium member. If you are already a Premium member, login here to access the full content.
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