NCLT has sole Jurisdiction in handling matters of Insolvency of Corporate Debtor
Last updated: 14 August 2021
Court :
Madras High Court
Brief :
In M/s. Kotak Mahindra Bank Limited v. K. Bharathi and Ors [W.P.No.12957 of 2021 dated August 5, 2021], the petition has been filed under the writ of Mandamus directing the Hon’ble National Company Law Tribunal, Chennai ('NCLT') to dispose of the application filed by M/s. Kotak Mahindra Bank Limited ('the Petitioner') in MA No.538 of 2019 in CP No. 710 of 2018 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 ('IBC').
Citation :
W.P.No.12957 of 2021 dated August 5, 2021
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Bimal Jain
Published in Corporate Law
Views : 186
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