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Insolvency process initiated against Rahul Yadav’s Broker Network
short by Harshil / on Friday, 26 January, 2024
The National Company Law Tribunal has ordered the initiation of corporate insolvency resolution process (CIRP) against Rahul Yadav’s Broker Network after a petition by a non-banking financial company (NBFC) over unresolved INR 1.2 crore debt. Kolkata and Mumbai-based NBFC Krishkan Investment Private Limited filed the petition under section 7 of the Insolvency and Bankruptcy Code, 2016.
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