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MoU & Ledger Extract Insufficient for admitting Financial Debt: NCLAT
Case Law Details
- Case Name
- D S Kulkarni & Associates Vs Manoj Kumar Aggarwal (NCLAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
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D S Kulkarni & Associates Vs Manoj Kumar Aggarwal (NCLAT Delhi)
The National Company Law Appellate Tribunal (NCLAT) in Delhi recently ruled on a case involving D S Kulkarni & Associates and Manoj Kumar Aggarwal. The crux of the matter revolved around the admissibility of claims as financial debts based on Memorandum of Understanding (MoU) and Ledger Extracts.
Analysis: The Appeals were filed challenging the rejection of claims by the National Company Law Tribunal (NCLT), Mumbai Bench-I. The Appellants, D S Kulkarni & Associates and D S Kulkarni & Company, sought to substantiate...
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