CIRP begins against Aviom India Housing Finance

The National Company Law Tribunal (NCLT), New Delhi Bench, has admitted the corporate insolvency resolution process (CIRP) plea filed by the Reserve Bank of India (RBI) against Aviom India Housing Finance Private Limited. The decision, delivered on February 20, 2025, marks a significant move under Section 227 of the Insolvency and Bankruptcy Code (IBC), 2016,…