The National Company Law Tribunal (NCLT), New Delhi Bench, has admitted an insolvency petition against Three C Infratech Pvt. Ltd, a subsidiary of the embattled Three C Group, while directing a thorough investigation into allegations of round-tripping and fraud involving its sister concern, Three C Green Developers Pvt. Ltd.
The petition, filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, by the Resolution Professional (RP) of Three C Green Developers (itself under insolvency since 2021), claims a default of ₹83.93 crores (principal ₹55.20 crores + interest).
Pooja Bahry was appointed as the Interim Resolution Professional (IRP), replacing the RP’s nominee, to ensure…
