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IBC - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Initiation of CIRP - Corporate Debtor failed to make repayment ...


Corporate Insolvency Resolution Process Begins Due to Debt Default; Promissory Note Argument by Appellant Dismissed.

February 15, 2020

Case Laws     Insolvency and Bankruptcy     AT

Initiation of CIRP - Corporate Debtor failed to make repayment of its debt - There is no substance in the argument of the Appellant that the subsequent Promissory Note cannot be looked into for considering the relationship.

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