
The National Company Law Tribunal (NCLT) at Delhi on Tuesday, while applying the rule of estoppel, rejected a petition under Section 7 of the Insolvency and Bankruptcy Code (IBC) filed by Piramal Capital, which took over Dewan Housing Finance Limited (DHFL) in 2021 (Dewan Housing Finance Limited v. Nayati Healthcare and Research NCR Pvt Limited).
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