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IBC - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Initiation of Corporate Insolvency Resolution Process - sale of ...

Insolvency and Bankruptcy

November 28, 2018

Initiation of Corporate Insolvency Resolution Process - sale of flats with assured return plan - developer failed to refund the assured - Financial Debt - Though considerable long period has since lapsed even the principal amount disbursed has not been repaid by the respondent corporate debtor - Application admitted.

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