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Debt Arising Out Of Different Work Orders Can Be Clubbed To Meet Minimum Thershold Of Rs. 1 Crore: NCLT Mumbai Reiterates
Pallavi Mishra
8 March 2023 10:30 AM IST
The National Company Law Tribunal (“NCLT”), Mumbai Bench, comprising of Shri Kishore Vemulapalli (Judicial Member) and Shri Prabhat Kumar (Technical Member), while adjudicating a petition filed in A J Buildcon Private Limited v Patel Engineering Limited, has reiterated that debts arising from different work order(s) can be clubbed to satisfy the minimum threshold limit of Rs....
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