Lease and Rental Dues

NCLAT: Lease and Rental dues do not constitute Operational Debt under the Insolvency and Bankruptcy Code

This declared by the NCLAT in the case of  Ravindranath Reddy v. G. Kishan. In this case, an appeal before the National Company Law Appellate Tribunal (NCLAT) was filed by Mr. Ravindranath Reddy, the director of M/S Walnut Packaging...

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