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Tag Archive for "nclt-against-the-insolvency-proceedings" -

CentrikBlogsNCLT against the Insolvency Proceedings

Tag: NCLT against the Insolvency Proceedings

Promoters abusing IBC, contends stakeholders of TechPro and Educomp

Posted by Stupti BanerjeePosted on June 4, 2018June 5, 20180 CommentsCategories Debt Recovery ManagementTags Corporate Debtors, Educomp, IBC, NCLT, NCLT against the Insolvency Proceedings, resolution professional, TechPro

The IBC in section 29A bars promoters to take part in bidding process thus making them ineligible for representation in the committee of creditors.

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