The company petition was filed by a small number of homebuyers under Section 7 of the Insolvency & Bankruptcy Code, 2016, seeking to initiate corporate insolvency resolution process against Keltech Infrastructure Ltd.
A company petition was filed by a small number of homebuyers against Keltech Infrastructure Ltd. This petition sought to initiate the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. The application was filed under Section 7 of the Insolvency & Bankruptcy Code, 2016, which allows financial creditors to initiate CIRP. The NCLT considered the maintainability of this petition.
Sign in to view the parties.
The order in the matter of Kriti Sharma &…
The company petition was filed by a small number of homebuyers under Section 7 of the Insolvency & Bankruptcy Code, 2016, seeking to initiate corporate insolvency resolution process against Keltech Infrastructure Ltd.
A company petition was filed by a small number of homebuyers against Keltech Infrastructure Ltd. This petition sought to initiate the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. The application was filed under Section 7 of the Insolvency & Bankruptcy Code, 2016, which allows financial creditors to initiate CIRP. The NCLT considered the maintainability of this petition.
The order in the matter of Kriti Sharma &…