NCLT Insolvency (IBC 2016)
NCLT Corporate Insolvency & Debt Resolution
₹4.85 Crore Recovery
Summary
100% recovery secured for a tier-1 auto-component manufacturer under Section 9 of the Insolvency and Bankruptcy Code.
Our client was owed substantial operational dues exceeding ₹4.85 Crore by an OEM debtor. We initiated insolvency proceedings before the Hon’ble NCLT New Delhi Bench. Facing imminent insolvency and liquidation, the debtor executed a comprehensive full-settlement agreement resolving all outstanding dues.
Disclaimer: Financial figures detailed above represent actual recoveries achieved for specific clients. Past results do not guarantee future case outcomes.