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Home Highlights August 2020 Year 2020 This

Replacemnet of Resolution Professional - Collusion between ...

Insolvency and Bankruptcy

August 21, 2020

Replacemnet of Resolution Professional - Collusion between Creditor and Debtor to initiate CIRP - Related Party - the pivotal issue remains to be determined while the ‘Corporate Debtor’ may go into liquidation leaving the Appellant remediless, which would result in great miscarriage of justice. It is for this Appellate Tribunal to step in and ensure that such miscarriage of justice is prevented. - AT

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