NCLT Delhi Admits Insolvency Plea Against TDT Copper Ltd Under Section 7 of IBC

Bank of India Vs TDT Copper Limited (NCLT Delhi) The National Company Law Tribunal (NCLT), Delhi Bench, heard a company application filed by Bank of India (“Financial Creditor”) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) against TDT Copper Limited (“Corporate Debtor”). The application, filed on 19 March 2025, was based on a default of ₹153.98 crore as on 25 January 2019. The Corporate Debtor,...