No Cookies | Daily Telegraph

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No Cookies | Daily Telegraph

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No Cookies | Daily Telegraph

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IBC | Corporate Debtor Cannot Stall Insolvency by Raising Baseless ‘Pre-Existing Dispute’: Supreme Court

The Supreme Court has set aside a judgment of the National Company Law Appellate Tribunal (NCLAT) and restored the order of the National Company Law Tribunal (NCLT) admitting an insolvency petition against Dhanlaxmi Electricals Private Limited. The Court held that the defense of a pre-existing dispute raised by the Corporate Debtor was “mere moonshine” and…

No Cookies | Daily Telegraph

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No Cookies | Daily Telegraph

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…