Rejects Plea to Initiate Insolvency

Keywords – NCLT, IBC, Debt recovery, Orris Infrastructure, Assured returns, Settlement New Delhi, September 21, 2023 The National Company Law Tribunal (NCLT) has emphasized that the Insolvency & Bankruptcy Code (IBC) should not serve as a “tool for recovery.” This assertion came as the NCLT dismissed a petition brought forward Read more…