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IBC - Highlights / Catch Notes

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Condonation of delay of 796 days delay in filing the claim ...

Insolvency and Bankruptcy

May 11, 2021

Condonation of delay of 796 days delay in filing the claim before the Liquidator - In view of the IBC, 2016 being a time bound process as well as the Learned Liquidator being under a compulsion to complete the liquidation process within a period of one year from the date of commencement of liquidation, the application is dismissed. - Tri

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