Liquidation of Corporate Debtor - The Adjudicating Authority ...

Liquidation Order Misinterpreted as Discharge Notice for Corporate Debtor's Staff, Lacks Legal and Factual Support.

October 9, 2019

Case Laws Insolvency and Bankruptcy AT

Liquidation of Corporate Debtor - The Adjudicating Authority landed in error in directing that the liquidation order shall be deemed as a notice of discharge to the officers, employees and workmen of the Corporate Debtor. This cannot be supported either in law or on the facts of this particular case.

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Liquidation of Corporate Debtor - The Adjudicating Authority ...

Liquidation Order Misinterpreted as Discharge Notice for Corporate Debtor's Staff, Lacks Legal and Factual Support.

October 9, 2019

Case Laws Insolvency and Bankruptcy AT

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