NCLT Upholds CIRP Limitation to Dreamz Sumadhur Project Due to Lack of Financing and Project-wise Accounts.

CIRP - Confinement of CIRP to one project - absence of any Project financing being brought in by the Promotor - absence of any Project Wise Accounts - whether the Adjudicating Authority was justified in initially admitting the Section 7 Application against the Corporate Debtor and thereafter confining it to a single Project Dreamz Sumadhur Project only? - Order of NCLT sustained - AT .....

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