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![Govt.’s Notification to Increase Threshold Limit from INR 1 Lakh to INR 1 Crore for initiating Insolvency Proceedings has Prospective Effect: NCLT [Read Order] Govt.’s Notification to Increase Threshold Limit from INR 1 Lakh to INR 1 Crore for initiating Insolvency Proceedings has Prospective Effect: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/NCLT-Taxscan.jpg)
Govt.’s Notification to Increase Threshold Limit from INR 1 Lakh to INR 1 Crore for initiating Insolvency Proceedings has Prospective Effect: NCLT [Read Order]
The National Company Law Tribunal(NCLT) ruled that the Central Government’s notification to increase the threshold limit from INR 1 Lakh to INR 1...