This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
NCLT Rejects Section 7 IBC Plea as Time-Barred; DRT Review Order Does Not Extend Limitation
Case Law Details
- Case Name
- JM Financial Asset Reconstruction Company Limited Vs Shubh Hospitality Private Limited (NCLT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
JM Financial Asset Reconstruction Company Limited Vs Shubh Hospitality Private Limited (NCLT Mumbai)
NCLT Rejects Section 7 IBC Plea as Time-Barred; DRT Review Order Does Not Extend Limitation
The Financial Creditor filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 seeking initiation of the Corporate Insolvency Resolution Process against the Corporate Debtor. The petition, filed on 26.09.2019, claimed a default of ₹121.48 crore arising from a term loan originally sanctioned by Bank of India. The dates of default pleaded were 30.06.2008, when the ac...
Author Info
