NCLT dismisses CIRP application u/s 9 of IBC since Corporate Debtor is inactive due to default in filling its statutory return for the last two years as per MCA portal – R. J. Industries Vs. United Foods Pvt. Ltd. – NCLT New Delhi Bench Court-III

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The reference to arbitration is not limited to shareholding but it covers the entire affairs of business of the Company – Mr. Himanshu Shekhar Vs. Manohar Lal Sarraf & Sons Pvt. Ltd. and Ors. – NCLT New Delhi Bench Court-III

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No provision under the IBC which allows the computation of claims done by a Resolution Professional for one Corporate Debtor’s Resolution to be binding on a completely different Resolution Process of a different Corporate Debtor – Mr. Somshankar Das Gupta Vs. Mr. Rakesh Kumar Agarwal RP – NCLT New Delhi Bench Court-III

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