Initiation of CIRP - existence of debt and dispute or not - In ...

Corporate Insolvency Resolution Process Requires Genuine Debt Dispute; Resolution Preferred Over Liquidation Under I&B Code.

February 15, 2020

Case Laws Insolvency and Bankruptcy Tri

Initiation of CIRP - existence of debt and dispute or not - In view of such serious dispute, which is the matter of trial, cannot become the subject matter of I&B Code when the main object of the I&B Code is resolution and not the recovery. In other way, it can be said "resolution is rule and liquidation is exception". The same is evident from the long title of the IB Code.

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Initiation of CIRP - existence of debt and dispute or not - In ...

Corporate Insolvency Resolution Process Requires Genuine Debt Dispute; Resolution Preferred Over Liquidation Under I&B Code.

February 15, 2020

Case Laws Insolvency and Bankruptcy Tri

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