IBBI NCLAT Delhi Judgement Dated 16/05/2025 – CIRP terminated as Corporate Debtor funds cover CoC claims 

Case of Rajputana Constructions Pvt Ltd vs Rajasthan Land Holdings Limited, NCLAT Delhi Judgement Dated 16th May 2025. The appellant authority held that continuing Corporate Insolvency Resolution Process [CIRP] not justified as Corporate Debtor has sufficient funds to discharge the admitted claims of CoC. Thus, adjudicating authority rightly terminated CIRP of Corporate Debtor.

(Link: NCLAT Delhi Judgement Dated 16/05/2025)

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