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Settlement Agreement Doesn’t Alter Operational Debt: NCLT Chennai
Case Law Details
- Case Name
- Om Tranns Infra Corporation Pvt. Ltd. Vs Everrenew Energy Pvt. Ltd. (NCLT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
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Om Tranns Infra Corporation Pvt. Ltd. Vs Everrenew Energy Pvt. Ltd. (NCLT Chennai)
Settlement Agreement Doesn’t Alter Operational Debt; NCLT Chennai Admits Section 9 Insolvency Plea
The National Company Law Tribunal, Chennai Bench, considered a petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 by the Operational Creditor seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. By a separate order, the...
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