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CIRP - Liquidation Proceedings’ against the ‘Corporate Debtor - ...


Liquidation Proceedings Upheld; Liquidator Rightly Rejected Claim Amid Arbitration Due to Strict Timeline Compliance.

September 2, 2023

Case Laws     Insolvency and Bankruptcy     AT

CIRP - Liquidation Proceedings’ against the ‘Corporate Debtor - pendency of ‘Arbitral Proceedings’ - t the ‘Liquidator’ had correctly rejected the ‘Appellant’/’Applicant’s claim by means of the reasons given in the letter dated 29.01.2022, considering the fact that the ‘Liquidation’ was a ‘time bound process’. - AT

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