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IBC - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Corporate Insolvency Resolution Process - Unpaid applicant ...


Unpaid workers providing services to a corporate debtor are classified as 'Operational Creditors' under insolvency rules.

May 1, 2018

Case Laws     Insolvency and Bankruptcy     Tri

Corporate Insolvency Resolution Process - Unpaid applicant workmen, who have provided services to the corporate debtor, including those who are in employment clearly come within the purview of 'Operational creditor'. - Tri

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