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IBC - Highlights / Catch Notes

Home Highlights August 2023 Year 2023 This

Application filed under Section 9 of the IBC, 2016 rejected - ...

Insolvency and Bankruptcy

August 7, 2023

Application filed under Section 9 of the IBC, 2016 rejected - rejection on the ground that it does not fulfil the threshold as prescribed under Section 4 proviso where minimum default amount has been increased to Rs. 1 Crores - Apex court upheld the order of rejection of application - SC

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