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Insolvency and Bankruptcy (Application of Adjudication Authority) Rules

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Smart Timing Steel Ltd. vs. National Steel and Agro Industries Ltd.

ByAnkit Rastogi June 20, 2017

In order to initiate corporate insolvency resolution process against a corporate debtor, an operational creditor must obtain a certificate from the Financial Institution maintaining its account, confirming that that there is no payment of an unpaid operational debt by the Corporate Debtor.

Read More Smart Timing Steel Ltd. vs. National Steel and Agro Industries Ltd.Continue

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