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IBC - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Initiation of CIRP - The learned Adjudicating Authority has ...

Insolvency and Bankruptcy

December 11, 2021

Initiation of CIRP - The learned Adjudicating Authority has taken an erroneous view of the matter and on evaluating the letter of the Managing Director of the Corporate Debtor as an acknowledgement of the debt - the said letter was not within limits so that the operational Creditor could claim the benefit of Section 18 of the Limitation Act. - AT

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