NCLT cannot get into "disputed question of fact": Mumbai Bench

Varun Marwah January 29 2019
false affidavit, Monnet Ispat

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.

Vijay Rochlani (Petitioner) extended 'financial assistance' of Rs. 55 lakh to the

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