This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
NCLT Rejects Shikhar Dhawan’s Insolvency Plea in LLC Payment Dispute Citing Contractual Ambiguity
Case Law Details
- Case Name
- Shikhar Dhawan Vs Absolute Legends Sports Private Limited (NCLT Delhi)
- 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.
Shikhar Dhawan Vs Absolute Legends Sports Private Limited (NCLT Delhi)
An application was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against Absolute Legends Sports Private Limited for an alleged default of ₹1,24,50,459 as on 30.04.2025. The claimed amount comprised a principal of ₹1,13,62,500 and interest of ₹10,87,959, calculated at 19.15% per annum under the Player Agreement dated 10.09.2024.
The Corporate Debtor operates Legends League Cricket, a franchise-based T20 cricket league fo...
Author Info
