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IBC - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Initiate insolvency resolution process against the ...


Tribunal Cannot Reject Insolvency Petition Due to Insufficient Stamping; Petitioner Liable for Adverse Stamp Duty Orders.

March 26, 2018

Case Laws     Insolvency and Bankruptcy     Tri

Initiate insolvency resolution process against the respondent-corporate debtor - the document of assignment cannot be rejected by this Tribunal while disposing of the instant petition on the ground of being insufficiently stamped though the petitioner would be bound by the consequences if any adverse order on changing of stamp duty comes into play. - Tri

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