Initiation of CIRP - existence of debt and dispute or not - In ...

Case Laws Insolvency and Bankruptcy

February 15, 2020

Initiation of CIRP - existence of debt and dispute or not - In view of such serious dispute, which is the matter of trial, cannot become the subject matter of I&B Code when the main object of the I&B Code is resolution and not the recovery. In other way, it can be said "resolution is rule and liquidation is exception". The same is evident from the long title of the IB Code.

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Initiation of CIRP - existence of debt and dispute or not - In ...

Case Laws Insolvency and Bankruptcy

February 15, 2020

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