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IBC - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Admissibility of petition - claim submitted beyond 90 days after ...

Insolvency and Bankruptcy

July 24, 2019

Admissibility of petition - claim submitted beyond 90 days after the CIRP begins - RP has not committed any error or illegality in rejecting the claim applying Regulation 12(2) of the Regulations of 2016 - Adjudicating Authority has no power to reopen the resolution process which has already been closed

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