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IBC - Highlights / Catch Notes

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Initiation of CIRP - It is a settled legal position that the ...

Insolvency and Bankruptcy

May 25, 2021

Initiation of CIRP - It is a settled legal position that the pendency of SARFAESI proceeding or other dispute does not prevent a Financial Creditor to trigger the CIRP because the nature of remedy being sought for under the provisions of the IB Code is “Remedy in Rem” in respect of the CD - Tri

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