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![Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order] Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085514-ibc-ots-nclat-taxscan.webp)
Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has held that the mere fact that a corporate debtor's One Time Settlement (OTS)...