IBBI NCLAT Delhi Judgement Dated 28/05/2025 – No authorized correspondence stated settlement of cost incurred against license fee payable to Corporate Debtor

Case of Wakai Hospitality Private Limited vs Palak Desai, NCLAT Delhi Judgement Dated 28th May 2025. The appellant tribunal held that no authorized correspondence brought on record which states that there was agreement between appellant and corporate debtor to cost incurred by appellant would be settled against license fee payable to Corporate Debtor. Thus, argument of appellant rejected. 

(Link: NCLAT Judgement Dated 28/05/2025)

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