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NCLT Delhi holds that Principal and Interest Amount Cannot Be Clubbed To Reach The Minimum Threshold of Rs. 1 Crore u/s 4 of IBC, 2016.

Title: NCLT Delhi holds that Principal and Interest Amount Cannot Be Clubbed To Reach The Minimum Threshold of Rs. 1 Crore u/s 4 of IBC, 2016.
by Saurabh Gandhi

Case:
CBRE South Asia Private Limited Versus M/s. United Concepts and Solutions Private Limited.
Court/Tribunal:
National Company Law Tribunal (NCLT), New Delhi Bench (Court-II)
Coram:
Sh. Abni Ranjan Kumar Sinha, Hon’ble Member (J)
Sh. L.N. Gupta, Hon’ble Member (T)

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