Advocate Sushila
SUPREME COURT HOLDS TRANSFER OF WINDING UP PROCEEDINGS TO NCLT CAN BE SOUGHT BY ANY CREDITOR OF THE CORPORATE DEBTOR
Advocate Sushila Ram 14 Dec 2020

SUPREME COURT HOLDS TRANSFER OF WINDING UP PROCEEDINGS TO NCLT CAN BE SOUGHT BY ANY CREDITOR OF THE CORPORATE DEBTOR

One of the objectives of the #Insolvency and Bankruptcy Code 2016 (‘#IBC’) is to reorganize insolvent Corporate Persons, Partnership Firms and Individuals in a time-bound manner for maximization of value of assets of such persons.


To read more, please visit the link below:


http://www.theindianlawyer.in/blog/2020/12/01/supreme-court-holds-transfer-of-winding-up-proceedings-to-nclt-can-be-sought-by-any-creditor-of-the-corporate-debtor/


#supremecourt #windingup #nclt #creditor #corporatedebtor

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