Accountancy, asked by sekar5795, 10 months ago

Who can initiate the corporate insolvency resolution process in respect of a corporate debtor?

Answers

Answered by yogichaudhary
3

Answer:

Section 7 of the Insolvency and Bankruptcy Code, 2016 ("Code") provides for a statutory right in favour of a financial creditor to initiate the corporate insolvency resolution process of a corporate debtor.

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