Mere filing of record of Financial Information in Form-C with the Information Utility (NeSL) does not constitute the record of default – Mr. Sarish Kumar Chaudhry Vs. Elegant It Solutions Pvt. Ltd. – NCLT New Delhi Bench
Hon’ble NCLT New Delhi Bench holds that on perusal of the Financial Information in Form-C of the Corporate Debtor maintained by the Information Utility namely National E-Governance Services Limited (NESL) dated 01.06.2023, we find that the mere filing of record of Financial Information in Form-C with the Information Utility (NeSL) does not constitute the record of default. Therefore, we are satisfied that there exists no debt and there is no default on the part of the Corporate Debtor.