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IBC - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Initiation of CIRP - non-delivery of notice of demand upon the ...


CIRP Application Rejected as Operational Creditor Failed to Deliver Demand Notice to Corporate Debtor, Authority Confirms Power to Deny.

September 11, 2019

Case Laws     Insolvency and Bankruptcy     AT

Initiation of CIRP - non-delivery of notice of demand upon the Corporate Debtor - the Adjudicating Authority was empowered to reject the same for failure on the part of Operational Creditor to deliver demand notice to the Corporate Debtor. - AT

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