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

Corporate Debtor Faces CIRP Due to Unpaid Dues; Defense Lacks Evidence, Purchase Manager's Role Questioned.

May 8, 2021

Case Laws Insolvency and Bankruptcy Tri

Initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Operational Creditors - existence of debt and dispute not - For the purpose of defeating the claim of the Operational Creditor, the Corporate Debtor is raising a feeble defence, which is not supported by any documentary evidence, that the Purchase Manager is not the Authorized Signatory of the Corporate Debtor in order to acknowledge the accounts - Tri

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

Corporate Debtor Faces CIRP Due to Unpaid Dues; Defense Lacks Evidence, Purchase Manager's Role Questioned.

May 8, 2021

Case Laws Insolvency and Bankruptcy Tri

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