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NCLT Admits Plea To Initiate Insolvency Proceedings Against AVIOM

Summary by Inc42 Media

About three weeks after the Reserve Bank of India (RBI) filed a plea to initiate corporate insolvency resolution proceedings (CIRP) against Delhi NCR-based NBFC AVIOM India Housing Finance, the National Corporate Law Tribunal (NCLT) has admitted the plea. A bench comprising judicial member Mahendra Khandelwal and technical member Dr Sanjeev Ranjan passed the order admitting the bankruptcy proceedings today. “The Hon’ble NCLT vide order dated 20…

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NCLT Admits Plea To Initiate Insolvency Proceedings Against AVIOM

About three weeks after the Reserve Bank of India (RBI) filed a plea to initiate corporate insolvency resolution proceedings (CIRP) against Delhi NCR-based NBFC AVIOM India Housing Finance, the National Corporate Law Tribunal (NCLT) has admitted the plea. A bench comprising judicial member Mahendra Khandelwal and technical member Dr Sanjeev Ranjan passed the order admitting the bankruptcy proceedings today. “The Hon’ble NCLT vide order dated 20…

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Inc42 Media broke the news in 2 days ago on Thursday, February 20, 2025.

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