When there is a bar of initiation of an application, the mere fact that in the Reply filed of Corporate Debtor no plea of the bar was taken is inconsequential | Default has to be prior to the delivery of the Demand Notice under Section 8 of IBC – Mr. Bhavit Sheth Vs. Mr. Madan Bajrang Lal Vaishnawa IRP of Sporta Technologies Pvt. Ltd. and Anr. – NCLAT New Delhi

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When there is a bar of initiation of an application, the mere fact that in the Reply filed of Corporate Debtor no plea of the bar was taken is inconsequential | Default has to be prior to the delivery of the Demand Notice under Section 8 of IBC – Mr. Bhavit Sheth Vs. Mr. Madan Bajrang Lal Vaishnawa IRP of Sporta Technologies Pvt. Ltd. and Anr. – NCLAT New Delhi Read Post »