IBCArticle·11 August 2026

Loan Default admitted

By J the App

Executive Summary

The NCLT, Mumbai Bench, by its order dated 10 July 2026, admitted the Section 7 application filed by Jeevan Jyoti Vanijya Limited against Sunstar Realty Development Limited.

The Tribunal held that the financial creditor had successfully established the loan transaction and default through documentary evidence, warranting commencement of the Corporate Insolvency Resolution Process (CIRP).

Domain | Regulatory | IBC

Background

The Financial Creditor, a Non-Banking F...

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