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NCLT Cautions RPs To Look Out For Excess Claims Made By Financial Creditors Against Corporate Debtor
Arunima Bhattacharya
26 Aug 2019 8:54 AM IST
The NCLT Principal Bench at New Delhi, while admitting an insolvency plea, has cautioned RP's to carefully settle the claims made by financial creditors, banks and financial institutions, in excess of what's actually owed to them by the Corporate Debtor. The petitioner (Operational Creditor) in the matter [S.A. Consultants and Forwarders Private Ltd. vs. Cargo Planners...
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