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IBC - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Maintainability of application - initiation of CIRP - IBC, 2016 ...

Insolvency and Bankruptcy

April 18, 2020

Maintainability of application - initiation of CIRP - IBC, 2016 is not intended to be substitute to a recovery forum. - The Petitioner failed to point out the claim in question is un-disputed and it filed with an intention to recover the alleged dues rather to justify to initiate CIRP in respect of Corporate Debtor - Petition dismissed.

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