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[IBC] Does Principal Borrower Has To Be Corporate Entity In Order To Maintain Insolvency Proceedings ? SC To Examine [Read Order]
LIVELAW NEWS NETWORK
1 Aug 2020 4:42 PM IST
Does the principal borrower has to be corporate entity, in order to maintain the proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC)?, the Supreme Court would examine this question that has arisen in an appeal against a judgment of National Company Law Appellate Tribunal (NCLAT).In this case the Financial Creditor' filed an application under Section 7 of the IBC against...
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![[IBC] Does Principal Borrower Has To Be Corporate Entity In Order To Maintain Insolvency Proceedings ? SC To Examine [Read Order] [IBC] Does Principal Borrower Has To Be Corporate Entity In Order To Maintain Insolvency Proceedings ? SC To Examine [Read Order]](https://www.livelaw.in/h-upload/2019/12/03/750x450_367494-ibc.jpg)
