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Case Law Details

Case Name : Shaji Purushothaman Vs Union Bank of India & Ors. (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Insolvency)No. 921 of 2019
Date of Judgement/Order : 06/09/2019
Related Assessment Year :
Courts : NCLAT
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Shaji Purushothaman Vs Union Bank of India & Ors. (NCLAT Delhi)

In the case of Shaji Purushothaman Vs Union Bank of India & Ors., the National Company Law Appellate Tribunal (NCLAT) addressed the issue of whether an application under Section 12A of the Insolvency and Bankruptcy Code, 2016 (IBC) can be entertained to settle claims with creditors after the admission of an insolvency application.

The appellant, Shaji Purushothaman, Director of Empee Distilleries Ltd., sought

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