NCLT Chandigarh Bench

PROCEDURE FOR INSOLVENCY IN CHANDIGARH NCLT BENCH

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PROCEDURE FOR INSOLVENCY IN CHANDIGARH NCLT BENCH

Insolvency is the state at which an individual or a corporate entity is unable to repay its debts or financial obligations from their assets. It usually arises from poor cash management, a reduction in cash inflow, or an increase in expenses. Bankruptcy on the other hand is adetermined insolvency made by a court of law … Read more

Corporate INSOLVENCY Resolution PROCESS Chandigarh Bench NCLT

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Corporate INSOLVENCY Resolution PROCESS Chandigarh Bench NCLT

The Insolvency and Bankruptcy Code, 2016 is important statute dealing with bankruptcy resolution and liquidation which received the president’s assent on 28th May 2016. The Code is consolidated legislation providing for the insolvency resolution process of individuals, partnership firms, Limited liability partnerships, etc. Also Read- A Must Know About Insolvency and Bankruptcy Code, 2016 Corporate … Read more

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