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IBC - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Opening of a separate Bank Account - contributed by the Member ...

Case Laws     Insolvency and Bankruptcy

May 24, 2019

Opening of a separate Bank Account - contributed by the Member of the CCOC towards CIRP cost - asset now so generated is in compliance of the Order of the Code can not be attached by any other Authority under law - This is not an asset of the defaulter company hence otherwise also beyond attachment by Directorate of Enforcement

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