Initiation of CIRP - If the parties fail to file any documents, ...

Insolvency and Bankruptcy

June 14, 2021

Initiation of CIRP - If the parties fail to file any documents, inspite of opportunity being granted, then the Tribunal is perforce required to arrive at a conclusion based on the documents available on record and cannot arrive at a conclusion on premises and suppositions. - The debt as claimed by the Financial Creditor is time barred and the Financial Creditor has failed to place on record any shred of document recognized under the law to substantiate that the debt falls well within the period of limitation - Tri

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Initiation of CIRP - If the parties fail to file any documents, ...

Insolvency and Bankruptcy

June 14, 2021

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