Reliance Commercial Finance Ltd may revive IRP application if debt is not repaid by Corporate Debtor in 45 Days: NCLAT [Read Order]

Reliance Commercial Finance Ltd - IRP - Corporate Debtor - NCLAT - taxscan

The  National Company Law Appellate Tribunal,( NCLT ) Principal Bench at New Delhi has held that no interferences can be made in the proceedings of the Adjudicating Authority and that the Corporate Creditor, Reliance Commercial Finance Ltd. (formerly Reliance Capital Ltd) may revive its application under Section 7 of The Insolvency and Bankruptcy Code, 2016…

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