Director Communications Can't Replace Documentary Proof For Establishment Of Loan: NCLT Delhi
Mehak Aggarwal
16 Aug 2025 11:26 AM IST

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16 Aug 2025 11:26 AM IST
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,...
