Director Communications Can't Replace Documentary Proof For Establishment Of Loan: NCLT Delhi

Mehak Aggarwal

16 Aug 2025 11:26 AM IST

  • Director Communications Cant Replace Documentary Proof For Establishment Of Loan: NCLT Delhi

    The National Company law Tribunal Delhi bench of Shri Manni Sankariah Shanmuga Sundaram And Shri Atul Chaturvedi Dismissed a section 7 petition for initiation of Corporate Insolvency Resolution process, holding that communications from the directors of the Corporate Debtor cannot override the lack of substantive documentary proof such as audited financials, books of accounts,...

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