Initiation of CIRP - financial creditor or not - Validity of ...

Court Declares Fraudulent Transactions Null, Stresses Strict Adherence to Insolvency Rules for Financial Creditors in CIRP Case.

August 23, 2019

Case Laws Insolvency and Bankruptcy Tri

Initiation of CIRP - financial creditor or not - Validity of cash transactions - ‘if a statute provides for a thing to be done in a particular manner, then it has to he done in that manner and in no other manner’ - the cash transactions claimed to have been made by the Applicant are sham, fraudulent and the same are declared as null and void.

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Initiation of CIRP - financial creditor or not - Validity of ...

Court Declares Fraudulent Transactions Null, Stresses Strict Adherence to Insolvency Rules for Financial Creditors in CIRP Case.

August 23, 2019

Case Laws Insolvency and Bankruptcy Tri

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