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IBC - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Initiation of Corporate Insolvency Resolution Process - booking ...


Corporate Insolvency Resolution Process begins with flat bookings and buy-back agreement; Authority checks for default, not amounts.

November 28, 2018

Case Laws     Insolvency and Bankruptcy     Tri

Initiation of Corporate Insolvency Resolution Process - booking of three flats - buy-back agreement cum guarantee deed - Adjudicating Authority is only to ascertain the existence of a default and not the exact amount due.

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