TMI BlogCorporate debtor's salary default leads to initiation of Corporate Insolvency Resolution Process.Since the respondent Corporate Debtor has admitted the term of employment of applicant, and there being default in payment of salary of that period, the application deserves to be admitted on that score alone for triggering Corporate Insolvency Resolution Process against the respondent corporate debtor. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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