This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Settlement Agreement Dues Are Not Operational Debt Under IBC: NCLT Delhi
Case Law Details
- Case Name
- Harji Engineering Works Private Limited Vs Enerture Technologies Pvt. Ltd. (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.
Harji Engineering Works Private Limited Vs Enerture Technologies Pvt. Ltd. (NCLT Delhi)
The National Company Law Tribunal (NCLT), Delhi Bench, considered an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the Operational Creditor seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor for an alleged default of ₹4,29,98,630, comprising a principal amount of ₹3,75,00,000 and interest of ₹54,98,630 calculated up to 09.01.2025. The applicant stated that it was an MSME engaged in engineering construction serv...
Author Info
