The National Company Law Tribunal, Mumbai, recently ruled that any amount paid in advance by a Real-Estate developer to a Property owner for a re-development project will qualify as ‘Operational Debt’ under the Insolvency and Bankruptcy Code, 2016.
Reddy and Reddy Law Firm Pune comprises of a well experienced team of advocates who have successfully handled matters related to Insolvency and Bankruptcy Laws.
Pune
08045132250