Initiation of CIRP - Period of limitation - Financial Creditors ...

Insolvency and Bankruptcy

December 23, 2022

Initiation of CIRP - Period of limitation - Financial Creditors - The material on record shows that the Corporate Debtor has been consistently acknowledging its debt from 31.03.2010 onwards by way of letters in Restructuring Packages, and also by way of communication the Appellant/Financial Creditor for Restructuring, apart from the liability being shown in the Balance Sheets. - The Section 7 Application is not barred by Limitation - AT

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Initiation of CIRP - Period of limitation - Financial Creditors ...

Insolvency and Bankruptcy

December 23, 2022

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