IBC Proceedings Maintainable Even If Company's Name Struck Off From The Register Of Companies: NCLAT
Arunima Bhattacharjee
12 Sept 2019 3:16 PM IST
The NCLAT has reiterated that an application under Sections 7 and 9 of the Insolvency and Bankruptcy Code, 2016 ('I&B Code') for the initiation of 'Corporate Insolvency Resolution Process' (CIRP) is maintainable even if the name of the Company has been struck-off by the Registrar of Companies. The Appellate Bench was hearing an appeal filed by Elektrans Shipping Pvt....
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