S.7 IBC Application Cannot Be Rejected On Account Of “Usurious Penal...

12/04/18

S.7 IBC Application Cannot Be Rejected On Account Of “Usurious Penal Interest” Governed By Usurious Loans Act: NCLAT [Read Judgment]  Live Law

The National Company Law Appellate Tribunal (NCLAT) has held that an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 cannot be ...

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