Corporate insolvency proceedings - The debt in question falls ...
Corporate Insolvency: Regulatory Dues Not Operational Debt; Listing Fee Recovery Not Under NCLT Jurisdiction.
March 26, 2019
Case Laws Insolvency and Bankruptcy Tri
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.
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