The appeal is against an impugned order dated 30.05.2025, where an application under Section 9 of IBC, 2016 was admitted by the National Company Law Tribunal, Mumbai Bench in CP (IB) No. 624/MB/2022.
The appeal is against an impugned order dated 30.05.2025.
A demand notice was sent by the Respondents to the Appellant for Rs. 88,68,19,930/-.
The Respondent reserved its rights in relation to any other liability for debt owned by the appellant.
The appellant filed an affidavit dated 01.08.2024 offering to make payment of the debt.
The respondent filed an affidavit dated 19.08.2024 adding interest amount to the amount due.
The Appellant paid Rs. 88,68,19,930/- as asked in the demand notice.
An amount of Rs. 81,97,85,191/- was paid as alleged interest on 30.05.2025.
Rs. 9.39 crores was paid on 02.06.2025 along with further Rs. 1.3 Crores.
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An application under Section 9 of IBC, 2016…
NCLT passed an order…
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The appeal is against an impugned order dated 30.05.2025, where an application under Section 9 of IBC, 2016 was admitted by the National Company Law Tribunal, Mumbai Bench in CP (IB) No. 624/MB/2022.
The appeal is against an impugned order dated 30.05.2025.
A demand notice was sent by the Respondents to the Appellant for Rs. 88,68,19,930/-.
The Respondent reserved its rights in relation to any other liability for debt owned by the appellant.
The appellant filed an affidavit dated 01.08.2024 offering to make payment of the debt.
The respondent filed an affidavit dated 19.08.2024 adding interest amount to the amount due.
The Appellant paid Rs. 88,68,19,930/- as asked in the demand notice.
An amount of Rs. 81,97,85,191/- was paid as alleged interest on 30.05.2025.
Rs. 9.39 crores was paid on 02.06.2025 along with further Rs. 1.3 Crores.
An application under Section 9 of IBC, 2016…
NCLT passed an order…
Sign in to view related legal provisions.