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IBC - Highlights / Catch Notes

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Initiation of CIRP - Period of limitation - Date of default / ...

Insolvency and Bankruptcy

August 8, 2022

Initiation of CIRP - Period of limitation - Date of default / NPA is 14 years old - ongoing default of the corporate debtor under the NCD Facility and suspension of the legal proceedings under SICA and acknowledgment made under the Balance Sheet - NCLT rightly admitted the application - AT

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