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IBC - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

After initiation of Corporate Insolvency Resolution Process once ...

Case Laws     Insolvency and Bankruptcy

April 12, 2019

After initiation of Corporate Insolvency Resolution Process once moratorium starts no person can recover any amount from the account of the Corporate Debtor. It is true that the cheque dates back to the date of handover but it cannot be encashed after the moratorium starts

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