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M/s. Jindal Sexena Financial Services Pvt. Ltd. Versus M/s. Mayfair Capital Private Limited

Corporate insolvency process - eligible debt - review petition - Held that - the instant application, which is in the nature of review, does not warrant acceptance. The non applicant- petitioner had filed a petition under Section 7 of the Code alleging that deposits made by it have remained unpaid and the total amount claimed was more than Rs, 44.50 crores. Such a transaction does not involve an activity which is imputable to an NBFC. The fact that the applicant-respondent is registered as NBFC ....... + More



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