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Eligibility for making an application.

Section 80 - Act - FRESH START PROCESS - Insolvency and Bankruptcy - Section 80 - CHAPTER II FRESH START PROCESS 80. (1) A debtor, who is unable to pay his debt and fulfils the conditions specified in sub-section (2), shall be entitled to make an app .....

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ating Authority if- (a) the gross annual income of the debtor does not exceed sixty thousand rupees; (b) the aggregate value of the assets of the debtor does not exceed twenty thousand rupees; (c) the aggregate value of the qualifying debts does not .....

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