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IBC - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

The scope of Insolvency Code is to proceed in respect of an ...

Insolvency and Bankruptcy

February 11, 2020

The scope of Insolvency Code is to proceed in respect of an undisputed debt, the payment of which is defaulted. This Bench under Insolvency Code is not constituted to settle Civil disputes. Only in respect of a defined and unambiguous debt the Insolvency Proceedings are to be commenced.

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