Default of installment of settlement agreement does not come within the definition of operational debt- NCLT New Delhi The National Company Law Tribunal, New Delhi vide order dated 22.07.2020 held that 'Default' of installments under a Settlement Agreement is not an "Operational Debt" under the Insolvency and Bankruptcy Code, 2016. https://www.reddyandreddy.org/default-of-instalment-of-settlement-agreement-does-not-come-within-the-definition-of-operational-debt-nclt-new-delhi/ Reddy & Reddy Law Firm Pune amongst other legal sectors, also comprises of a experienced and diligent team of lawyers specialized in handling matters related to Insolvency and Bankruptcy Laws.
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Default of installment of settlement agreement doe...
2020-07-28T11:26:54
Default of installment of settlement agreement does not come within the definition of operational debt- NCLT New Delhi The National Company Law Tribunal, New Delhi vide order dated 22.07.2020 held that 'Default' of installments under a Settlement Agreement is not an "Operational Debt" under the Insolvency and Bankruptcy Code, 2016. https://www.reddyandreddy.org/default-of-instalment-of-settlement-agreement-does-not-come-within-the-definition-of-operational-debt-nclt-new-delhi/ Reddy & Reddy Law Firm Pune amongst other legal sectors, also comprises of a experienced and diligent team of lawyers specialized in handling matters related to Insolvency and Bankruptcy Laws.
2020-07-28T11:26:54
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