NCLT set aside termination of a contract that was terminated on account of non-payment of dues during CIRP period

Oriental Bank of Commerce Vs. M/s. Yamuna Infradevelopers Private Limited (NCLT Delhi) NCLT New Delhi Bench II set aside the termination of a contract that was terminated on account of non-payment of dues during CIRP period The Hon’ble National Company Law Tribunal, New Delhi Special Bench-II vide its judgement dated 04.03.2022 in IA No. 5484/2021 in CP (IB) No.479/2019 set aside and quashed the order dated 26.11.2020 passed by the Director General, Mines and Geology, State of Haryana wherein the mining contract of the Corporate Debtor was terminated on account of non-payment of monthly ...