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NCLT has sole Jurisdiction in handling matters of Insolvency of Corporate Debtor


Last updated: 14 August 2021

Court :
Madras High Court

Brief :
In M/s. Kotak Mahindra Bank Limited v. K. Bharathi and Ors [W.P.No.12957 of 2021 dated August 5, 2021], the petition has been filed under the writ of Mandamus directing the Hon’ble National Company Law Tribunal, Chennai ('NCLT') to dispose of the application filed by M/s. Kotak Mahindra Bank Limited ('the Petitioner') in MA No.538 of 2019 in CP No. 710 of 2018 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 ('IBC').

Citation :
W.P.No.12957 of 2021 dated August 5, 2021

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