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IBC - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

No bar on NCLT to trigger an Insolvency Resolution Process on an ...


NCLT Can Start Insolvency Process u/ss 7, 9, 10 Despite Pending Winding-Up Petition, Unless Liquidator Appointed.

March 26, 2018

Case Laws     Insolvency and Bankruptcy     Tri

No bar on NCLT to trigger an Insolvency Resolution Process on an application filed under sections 7,9 & 10 if a winding up petition is pending unless an official liquidator has been appointed and a winding up order is passed. - Tri

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