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IBC - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

Initiation of CIRP - Time limitation - The Annual ...

Insolvency and Bankruptcy

April 17, 2021

Initiation of CIRP - Time limitation - The Annual Returns/Audited Balance Sheets, one-time settlement proposals, proposals to restructure loans, by whatever names called, cannot be simply ignored as debarred from consideration and in every given matter, it would be a question of applying the facts to the law and vice versa, to see whether or not the specific contents, spell out an acknowledgement under the Limitation Act. - AT

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