Initiation of CIRP - Quantum of Debt - Period of Limitation - ...
Corporate Insolvency Resolution Process: Debt Must Exceed Threshold for Adjudicating Authority to Consider Application. Limitation Period Crucial.
June 5, 2023
Case Laws Insolvency and Bankruptcy AT
Initiation of CIRP - Quantum of Debt - Period of Limitation - once the ‘threshold on debt’ is crossed, the Adjudicating Authority has to admit or reject the Application based on the Provisions of the Code. - AT
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