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IBC - Highlights / Catch Notes

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Initiation of CIRP - Cheque was dishonoured - If the application ...

Insolvency and Bankruptcy

November 8, 2022

Initiation of CIRP - Cheque was dishonoured - If the application under Section 7 of the Code could be filed only when the default occurs and the date of default is conspicuous by its absence in the pleadings of the Appellant, dishonour of the cheque, as alleged by the Appellant, could not be taken as the date of default. - AT

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