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Informative

NCLT issues notice to L&T on insolvency plea over ₹7 crore dues

Update / Judgement Date

30 Apr 2025

Source

Bar and Bench

Author

Team — WCP Legal Desk

Reading Time

1 min read

Civil LawCorporate Law & GovernanceInsolvency & Bankruptcy Code

NCLT (National Company Law Tribunal) has issued a notice to Larsen & Toubro (L&T) on an insolvency plea filed over alleged dues of ₹7 crore. The insolvency petition would have been filed by a creditor claiming unpaid amounts from L&T. The issuance of a notice marks the beginning of the corporate insolvency resolution process against L&T, where the NCLT will examine the merits of the plea.