NCLT Ahmedabad on Show Cause Notices in Liquidation: No Adjudication, No Debt Under IBC
The NCLT Ahmedabad has clarified that a mere show cause notice does not create an enforceable debt under Section 3(11) of the Insolvency and Bankruptcy Code, 2016. Understand the ruling, its implications for liquidation proceedings, and what it means for creditors and stakeholders in India.









