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Dream11 gets relief from Insolvency Resolution Process

The National Company Law Appellate Tribunal grants relief to Sporta Technologies, the parent company of Dream11, from the insolvency resolution process. Learn more about the case and the implications of Section 10A of the Insolvency and Bankruptcy Code, 2016. ....

New Delhi , Bhavit Sheth , National Company Law Appellate Tribunal On , National Company Law Appellate Tribunal , Sporta Technologies , Bankruptcy Code , Reward Solutions ,

NCLAT reserves order on plea challenging Dream 11 insolvency

NCLAT reserved judgment on Bhavit Sheth s plea against Sporta Technologies. RP argued 10A applies to default, not debt claim ability. Default for Section 9 application is 10 days post demand notice. ....

New Delhi , Bhavit Sheth , National Company Law Tribunal , National Company Law Appellate Tribunal , Reward Solutions , Bankruptcy Code , Sporta Technologies ,