Initiation of CIRP - Going Concern - Even when a going concern ...

Case Laws Insolvency and Bankruptcy

April 1, 2022

Initiation of CIRP - Going Concern - Even when a going concern is unable to discharge its debt, the Operational Creditor is entitled to invoke Section 9, hence, the Application filed by Operational Creditor under Section 9 cannot be said to be non-maintainable on the ground that Corporate Debtor is a going concern - there are no substance in any of the submission of the learned Counsel for the Appellant - AT

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Initiation of CIRP - Going Concern - Even when a going concern ...

Case Laws Insolvency and Bankruptcy

April 1, 2022

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