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![Rs. 2.11 Crore Default Held Sufficient under IBC: NCLT Admits S. 9 Petition against Trivenimudrai Projects Ltd [Read Order]](https://images.taxscan.in/h-upload/2026/04/10/2132692-rs-211-crore-default-held-sufficient-under-ibc-nclt-admits-s-9-petition-against-trivenimudrai-projects-ltd-.webp "Rs. 2.11 Crore Default Held Sufficient under IBC: NCLT Admits S. 9 Petition against Trivenimudrai Projects Ltd [Read Order]")
Rs. 2.11 Crore Default Held Sufficient under IBC: NCLT Admits S. 9 Petition against Trivenimudrai Projects Ltd [Read Order]
In a recent ruling, the National Company Law Tribunal (NCLT), Mumbai Bench, has admitted an insolvency petition under Section 9 of the Insolvency...
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Rs. 2.11 Crore Default Held Sufficient under IBC: NCLT Admits S. 9 Petition against Trivenimudrai Projects Ltd [Read Order]
The Bench further found that the amount in default—₹2.11 crore—was well above the statutory threshold and that no credible pre‑existing dispute existed to bar admission under Section 9 IBC.
Kavi Priya
![Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CESTAT-CESTAT-Bangalore-Service-Tax-liquidated-damages-Taxscan.jpg "Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]")
Yogitha S. Yogesh
Rupesh Sharma
Saagarika Gopinath
Rs. 2.11 Crore Default Held Sufficient under IBC: NCLT Admits S. 9 Petition against Trivenimudrai Projects Ltd [Read Order]
The Bench further found that the amount in default—₹2.11 crore—was well above the statutory threshold and that no credible pre‑existing dispute existed to bar admission under Section 9 IBC.
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![Income Tax Dept Delays in Making ITR Forms & Utilities Available: Gujarat HC Hears CA Association’s Plea [Read Order]](https://images.taxscan.in/h-upload/2026/04/10/2132648-income-tax-dept-delays-in-making-itr-forms-utilities-availablejpg.webp "Income Tax Dept Delays in Making ITR Forms & Utilities Available: Gujarat HC Hears CA Association’s Plea [Read Order]")
