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IBC - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Corporate Insolvency Resolution Process - to discourage IRP from ...

Insolvency and Bankruptcy

March 19, 2019

Corporate Insolvency Resolution Process - to discourage IRP from spending the initial expenses from his or her own pocket, it is fair and just to direct the Applicant/Operational Creditor to deposit ₹ 2,00,000/- (Two lakhs) for the initial expenses to be spent by the IRP.

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