Initiation of CIRP - If the CIRP is initiated against one of the ...
CIRP Barred for Financial Creditor Against Multiple Debtors or Guarantors for Same Claim Amount Under IBC Rules.
July 10, 2020
Case Laws Insolvency and Bankruptcy Tri
Initiation of CIRP - If the CIRP is initiated against one of the Corporate Debtors, after such initiation the Financial Creditor cannot trigger CIRP against the other Corporate Debtor/ Corporate Guarantor for the same claim amount.
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