Insolvency & Bankruptcy
In ruling on an appeal filed in Greymatter Entertainment Pvt. Ltd. v. Pro Sportify Pvt. Ltd., the National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, made up of Justice Ashok Bhushan (Chairperson) and Ms. Shreesha Merla (Technical Member), determined that the IBC did not bar the Corporate Debtor from establishing defences of “Pre-existing dispute” or...
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