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KLJ Plasticizers Ltd vs Omkar Realtors Case by shweta is a document available to read on EtoBox.

What is KLJ Plasticizers Ltd vs Omkar Realtors Case about?

The document summarizes a court order from the National Company Law Tribunal in Mumbai regarding a case between KLJ Plasticizers Ltd. and Omkar Realtors & Developers Pvt Ltd & Ors. KLJ Plasticizers Ltd had filed a petition under Section 9 of the Insolvency and Bankruptcy Code as an operational creditor, claiming a debt of Rs. 4.5 crores. However, during arguments KLJ Plasticizers Ltd sought to amend the petition to be treated as a financial creditor under Section 7 instead. The Tribunal rejected this amendm

Author

shweta

Language

EN