Initiation of CIRP - Threshold limit of default for admission of ...

Interest Crucial in Meeting Default Threshold for Corporate Insolvency Resolution Process Application, Calculated Per Sale Agreement Clauses.

September 6, 2023

Case Laws Insolvency and Bankruptcy AT

Initiation of CIRP - Threshold limit of default for admission of application - inclusion of interest for arriving at a claim - the quantum of interest comes into play as per the clauses of the Agreement of Sale entered into between the Parties. - Interest amount rightly added to meet the threshold limit. - AT

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Initiation of CIRP - Threshold limit of default for admission of ...

Interest Crucial in Meeting Default Threshold for Corporate Insolvency Resolution Process Application, Calculated Per Sale Agreement Clauses.

September 6, 2023

Case Laws Insolvency and Bankruptcy AT

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