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NCLAT Threshold Limit Of Rs. 1 Crore Applicable From The Date Of Filing And Not From Date Of Registration Of Petition: NCLAT Delhi Case Title: Royal Manpower Services v Faridabad Autocomp...
Supreme Court IBC | Section 9 Petition Not To Be Dismissed If Few Invoices Are Time Barred But Remaining Invoices Are Not; Supreme Court Case Title: M/S Next Education India Pvt. Ltd. v M/S...
The National Company Law Tribunal (“NCLT”), Bengaluru Bench, comprising of Shri T. Krishnavalli (Judicial Member) and Shri Manoj Kumar Dubey (Technical Member), while adjudicating a petition...
Indiabulls approached the NCLT with a Section 7 application claiming that Mantri Developers had defaulted on repayment of a loan of over ₹450 crore.
In February 2022, a petition was filed against Mantri Developers by Indiabulls Housing Finance Ltd (IHFL) after the real estate company defaulted on a loan of Rs 456.6 crore that was sanctioned by IHFL.