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Tag Archive for "delay-in-delivering-possession-is-due-to-the-corporate-debtor" -

CentrikBlogsdelay in delivering possession is due to the Corporate Debtor

Tag: delay in delivering possession is due to the Corporate Debtor

Corporate Debtor cannot be blamed for delay in delivery of possession when delay occurs due to Force Majeure

Posted by Shriya.mehtaPosted on March 10, 2020March 12, 20200 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags Corporate Debtor cannot be blamed for delay in delivery of possession, Corporate Debtor defaulted in delivering the possession, corporate debtor under IBC, Corporate Debtor under NCLT, delay in delivering possession is due to the Corporate Debtor, Developer failed to deliver the possession, Financial Creditor terminated the Agreement, proposed time for handing over the possession, Recovery of Money, refund of the total amount, Who is Corporate Debtor

Whether the delay in delivering possession is due to the Corporate Debtor & in case the delay is not due to the Corporate Debtor, but force majeure, it cannot be alleged that the Corporate Debtor has defaulted in delivering the possession.

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