Initiation of CIRP proceedings - minimum requirement of ...

Case Laws Insolvency and Bankruptcy

August 4, 2022

Initiation of CIRP proceedings - minimum requirement of threshold limit - It has been brought out that two invoices have been issued without any seal and signature. Admittedly, these two invoices dated 1st April, 2020 & 4th April, 2020 have been issued after 25th March, 2020. Hence, these two invoices will be barred by Section 10A of IBC. - these two invoices cannot be considered for threshold limit of Rs. 1 Crore - AT

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Initiation of CIRP proceedings - minimum requirement of ...

Case Laws Insolvency and Bankruptcy

August 4, 2022

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