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Tag Archive for "petitioner-under-the-recovery-certificate" -

CentrikBlogsPetitioner under the Recovery Certificate

Tag: Petitioner under the Recovery Certificate

Recovery can be permitted against the assets of group companies: Bombay High Court

Posted by AdminPosted on August 22, 2021August 30, 20210 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016, Registration And Compliance, RERA ConsultingTags Complainant before the MahaRERA, Complaint before RERA, consequences of non-disclosure, execution proceedings against Respondent, non-compliance, non-payment of a clear undisputed amount, Petitioner under the Recovery Certificate, Provisions of RERA, recovery of money under the Recovery Certificate

If the non-payment of a clear undisputed amount is being illegally and dishonestly avoided, whilst at the same time very large sums of money are being raised and spent by the same group or carrying on large real estate development projects.

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