NCLT cannot get into “disputed question of fact”: Mumbai Bench

NCLT cannot get into “disputed question of fact”: Mumbai Bench

While admitting an insolvency application against a corporate debtor, the NCLT followed the principles laid down by the NCLAT in Nikhil Mehta and Sons v. AMR Infrastructure Ltd. for determining what constitutes a ‘financial debt’. The NCLT has reiterated its stance that, it is only legal forum to deal ‘summarily’ with the insolvency proceedings.

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