Accountancy, asked by akashpatil8486, 6 months ago

Mumbai insolvency act

Answers

Answered by hiralbanthia8731

0

Explanation:

Act of Insolvency means (i) the filing by a Borrower of a petition in bankruptcy or a petition seeking reorganization, liquidation or similar relief, or the filing of any such petition against a Borrower which is not dismissed or stayed within 60 calendar days, (ii) the adjudication of a Borrower as bankrupt or ...

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