NCLAT Halts Bankruptcy Process for Embassy Developments Limited – scanx.trade
NCLAT Halts Bankruptcy Process for Embassy Developments Limited scanx.trade Read the original article here
NCLT Mumbai In Kaved Realty Case
The National Company Law Tribunal (NCLT)at Mumbai has held, in a case concerning Kaved Realty Private Limited, that mutation of land records giving effect to a revenue order cannot be carried out after commencement of insolvency proceedings, as such action violates the moratorium under the Insolvency Code. A bench of Judicial Member Sushil Mahadeorao Kochey…