25-Sep-2025 10:52 AM
Ques : for calculating 1 cr. What we will consider, Total defaulted debt or Total debt. In case debt defaut FC1 :AM bank 30 lakhs. ✓ FC 2:BN finance 40 lakhs. ✓. Defaulted debt : 70 lak FC3 : CP bank 1 cr . × Total debt : 1 cr. 70 lakh Can CP bank initiate cirp ??
Read More07-Oct-2025 12:25 PM
In a concept of merger amalgamation under section 230/232 of Co. Act 2013 we had studied a concept that even after merger or amalgamation of the company,old suits against the transferor company shall continue after merger or amalgamation.....so if we connect that concept with CIRP and some creditors do not make claim during CIRP can they file suit for claim after the company is acquired by some other company?
Read More11-Oct-2025 01:48 PM
as per this section, the suit for recovery can be made upon guarantor if the cd is under moratorium. but what if the guarantor is also under moratorium in a separate way of its own. ? can the case be filed?? What is the alternative
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