Release of salary of employees of ‘Corporate Debtors’ during CIR ...

Insolvency and Bankruptcy

June 18, 2019

Release of salary of employees of ‘Corporate Debtors’ during CIR Process - individual claim of each of the employee cannot be decided by this Appellate Tribunal however liberty is hereby given to the individual aggrieved employee to approach the RP(s) showing that they are working but have not been paid the basic salary - RP may verify their payment during CIRP

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Release of salary of employees of ‘Corporate Debtors’ during CIR ...

Insolvency and Bankruptcy

June 18, 2019

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