NCLAT on Recovery of Corporate Assets from Former Promoters During CIRP: Raman Khangura v. Navneet Gupta
Can an unregistered intra-family agreement or a subsequent, unrecorded arbitral award override the statutory mandate of a Resolution Professional to take custody and control of and protect the assets of a Corporate Debtor? This critical question lies at the heart of the corporate insolvency landscape, showing the tension between private familial arrangements and statutory obligations. The Tribunal’s analysis in Raman […]
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