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Legal News and Updates


Pre-Existing Dispute Insolvency NCLAT Ruling: Tribunal Protects Voltas from CIRP
NCLAT affirms that a pre-existing dispute bars insolvency action against Voltas, reinforcing that the IBC cannot be misused as a debt-recovery tool. The tribunal highlights documentation gaps, commercial disputes, and Mobilox principles to dismiss the Section 9 petition.

Chintan Shah
19h5 min read
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