The NCLAT determined that the WhatsApp messages were sufficient evidence to establish the debt and the absence of a legitimate dispute
The Chennai Bench of National Company Law Appellate tribunal ( NCLAT ) quashed the National Company Law Tribunal ( NCLT )’s rejection of the admissibility of debt under Section 9 of the Insolvency and Bankruptcy Code ( IBC ) and allowed the initiation of Corporate Insolvency Resolution Process ( CIRP ) proceedings against Yosmite Engineering…
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