Service of notice Effected as Per Master Data Details – NCLAT Sets Aside NCLT Order Rejecting CIRP Initiation

Sparta Global Projects Pvt. Ltd. Vs KUGD Services Pvt. Ltd. (NCLAT, Delhi) In the Application, Learned Counsel for the Appellant submits that Appellant has served the Notice by email to the Director of the Corporate Debtor and further the observations of the Adjudicating Authority that Applicant has not placed on record the Master Data of the Corporate Debtor is not correct since in the Application itself the Master Data of the Corporate Debtor was filed After having heard Learned Counsel for the Appellant, we are of the view that observations made by the Adjudicating Authority that Master Dat...