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Tag Archive for "claims-of-operational-creditors" -

CentrikBlogsclaims of operational creditors

Tag: claims of operational creditors

NCLT Holds Filing of Default Record Mandatory under Section 7 Applications

Posted by AdminPosted on May 18, 2020May 18, 20201 Comment on NCLT Holds Filing of Default Record Mandatory under Section 7 ApplicationsCategories Government AdvisoryTags claims of operational creditors, Corporate Debtors, Financial creditors before NCLT, IBC provisions, legal proceedings, NCLT Holds Filing of Default, NCLT orders, new petition being filed under section 7 under IBC, New petition of IBC, required to file default record

New Petitions under section 7 of the Insolvency and Bankruptcy Code will mandatory be required to file default record from the Information Utility as per NCLT directed.

1 Comment on NCLT Holds Filing of Default Record Mandatory under Section 7 Applications
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National Company Law Tribunal recommends review of Insolvency Code

Posted by Stupti BanerjeePosted on May 25, 2018May 25, 20180 CommentsCategories Authentic Legal Advice, Debt Recovery ManagementTags Adjudicating Authority for Insolvency cases, claims of operational creditors, Insolvency and Bankruptcy Board of India, National Company Law Tribunal, resolution professional

The NCLT has suggested to IBBI that there is a need to review the insolvency code regulations to ensure that they are not “misused or misinterpreted”.

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