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Tag Archive for "liabilities-of-the-directors" -

CentrikBlogsLiabilities of the directors

Tag: Liabilities of the directors

Liabilities of the directors or Promoters or partners during or before the Insolvency Resolution Process

Posted by Advocate Kunal AhujaPosted on November 21, 2018November 21, 20181 Comment on Liabilities of the directors or Promoters or partners during or before the Insolvency Resolution ProcessCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery ManagementTags Application to the adjudicating authority, Fraudulent Trading under Section 66, Insolvency Resolution Process, Liabilities of the directors, Liabilities of the Promoters, misuse the assets of the Corporate Debtor, Preferential transactions under Section 43, Undervalued transactions under Section 45

The powers of the management of controlling the assets of the Corporate Debtor or Company is transferred to the Resolution Professional or the liquidator as the case may be.

1 Comment on Liabilities of the directors or Promoters or partners during or before the Insolvency Resolution Process
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