NCLAT Overturns NCLT’s Decision in Culver Max Insolvency Case
Published on: Dec. 28, 2025, 2:19 p.m. | Source: Devdiscourse
NCLAT overturned an NCLT order dismissing Culver Max Entertainment's insolvency plea against Rechargekit Fintech. NCLT had dismissed it due to a lack of board resolution. NCLAT remanded the case back to NCLT for reconsideration, urging them to allow Culver Max to correct application defects.
