NCLAT Delhi Judgement Dated 03/04/2025

NCLAT, Initiation of insolvency proceedings justified as application filed within limitation period: Case of Rohit Suri vs Rajasthan Financial Corporation, NCLAT Delhi Judgement Dated 03rd April 2025. The appellate tribunal held that initiation of Corporate Insolvency Resolution Process (CIRP) for failure to honour repayment obligation justified since application filed within limitation period. The appeal is dismissed. (NCLAT Delhi Judgement Dated 03/04/2025)

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