Moratorium excludes government-notified transactions of essential goods/services & surety in a contract of guarantee

Manish Aneja & Ors. Vs Revital Reality Private Limited (NCLT Delhi)

Manish Aneja and other financial creditors (collectively referred to as the “Financial Creditors”) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate the Corporate Insolvency Resolution Process (CIRP) against Revital Reality Private Limited (“Corporate Debtor

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