The appeal challenges the order dated 07.11.2025 passed by NCLT, Chandigarh Bench, Court No.2 in a Section 9 application under IBC.
The appeal challenges the order dated 07.11.2025 passed by NCLT, Chandigarh Bench.
The Section 9 application was filed for an amount of Rs. 54,03,581/- with interest @ 15% per annum.
The date of default was mentioned as February, 2019.
The Appellant is ready to deposit double the amount claimed to show its bonafide.
The Appellant is a CD with a turnover of more than Rs. 50 crores.
The IRP has issued a publication to the website on 07.11.2025.
The Appellant claims a pre-existing dispute regarding reconciliation and liability.
The Appellant is directed to deposit Rs. 1,09,10,000/-.
Order dated 07.11.2025 shall remain stayed.
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Order passed by NCLT,…
Date of default…
The appeal challenges the order dated 07.11.2025 passed by NCLT, Chandigarh Bench, Court No.2 in a Section 9 application under IBC.
The appeal challenges the order dated 07.11.2025 passed by NCLT, Chandigarh Bench.
The Section 9 application was filed for an amount of Rs. 54,03,581/- with interest @ 15% per annum.
The date of default was mentioned as February, 2019.
The Appellant is ready to deposit double the amount claimed to show its bonafide.
The Appellant is a CD with a turnover of more than Rs. 50 crores.
The IRP has issued a publication to the website on 07.11.2025.
The Appellant claims a pre-existing dispute regarding reconciliation and liability.
The Appellant is directed to deposit Rs. 1,09,10,000/-.
Order dated 07.11.2025 shall remain stayed.
Order passed by NCLT,…
Date of default…