Negotiable Instruments: Exhaustive Coverage by Adv Roma Bhagat. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

KRISHNAVENI P   08 June 2023

Nclt application

Dear Experts,

Supplier has petitioned the NCLT Chennai bench because we owe him more than one crore in unpaid invoices.On June 26, 2023, the case was listed and scheduled for hearing.Please advise if we pay the supplier Rs. 30 Lakhs and the total is less than Rs. 1 Crore; in this scenario, can he continue the matter before NCLT or else advise the next steps. 


 1 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     08 June 2023

The case will be continued in NCLT.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register