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IBC - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Admissibility of petition - initiation of CIRP - There is no ...


Court Admits CIRP Petition: IBC Applicable Even if Company Can't Remain a Going Concern, Appellant's Claim Dismissed.

November 5, 2019

Case Laws     Insolvency and Bankruptcy     AT

Admissibility of petition - initiation of CIRP - There is no substance in this claim made by the Appellant that if it appears that there is no possibility of keeping the Company a going concern, IBC cannot be invoked

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