Money & Corp · Supreme Court of India
19h
AI illustrationCan a construction firm demand payment after a debt plan slashed its dues?
Your callCan the construction firm demand more payment through arbitration?
TL;DR
- 1A construction company had a contract to build an office, but after bankruptcy issues, it only got a small fraction of what it was owed—about ₹8.82 lakh out of ₹12 crore.
- 2The company that hired them says all debts were settled in the bankruptcy plan, but the construction firm now claims they deserve more money for work done before the bankruptcy.
- 3The court must decide if the construction company can seek arbitration to recover this extra money they think they deserve.




