TMI BlogCorporate Insolvency: Regulatory Dues Not Operational Debt; Listing Fee Recovery Not Under NCLT Jurisdiction.Corporate insolvency proceedings - The debt in question falls within the ambit of “Regulatory Dues”. Therefore, as a sequel, need not be treated as an operational debt. - The right forum to initiate recovery proceedings for non-payment of Listing Fees is not NCLT. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|