Notice issued through Advocate or by a person other than an Advocate – Authorisation - Affect of. #2021 SCeJ 068 (NCLAT) If the notice is returned unserved because of some reason other than that attributed to the party. #2021 SCeJ 065 (NCLAT) IBC, Section 8(1)
Podcast on Insolvency and Bankruptcy Code, 2016, Section 7 (Supreme Court)
Whether allegations of forgery and fraud can be decided in proceedings under the IBC ?
Whether a personal Loan to a Promoter or a Director of a company can trigger the Corporate Resolution Process under the IBC ?
Whether payment received for shares, can be a debt under the IBC?
IBC proceedings cannot be initiated based on time barred claims. Regardless of when IBC came into force, if more than three years had elapsed from the date of default, a creditor is not entitled to maintain an Application under the Code.