Calcutta HC strikes down NCLT order mandating submission of record of default from Information Utility under Section 7, Insolvency & Bankruptcy Code applications The Hon’ble High Court of Calcutta struck down the order dated 12.05.2020 passed by the National Company Law Tribunal (hereinafter mentioned as NCLT), New Delhi which mandated submission of record of default from Information Utility in Section 7, Insolvency & Bankruptcy Code 2016 (hereinafter mentioned as IBC 2016) applications, both prospectively as well as retrospectively. https://www.reddyandreddy.org/calcutta-hc-strikes-down-nclt-order-mandating-submission-of-record-of-default-from-information-utility-under-section-7-insolvency-bankruptcy-code-applications/ Reddy & Reddy Law Firm Pune comprises of a well experienced team of advocates dealing specifically in matters related to Insolvency and Bankruptcy Laws. We provide online consultations and advise to assist our clients and also appear in virtual court proceedings.
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