Initiation date - Definition / Legal Terminology and Intorduction - Insolvency and Bankruptcy

As per section 5(11) of the Insolvency and Bankruptcy Code, 2016. Initiation date means- the date on which a financial creditor, corporate applicant or operational creditor, as the case may be, makes an application to the Adjudicating Authority for initiating corporate insolvency resolution process or prepackaged insolvency resolution process, as the case may be