Bankruptcy application framework for individuals and partnership firms after specified insolvency orders and within a three-month filing period. An application for bankruptcy may be made by a creditor or by the debtor where the Adjudicating Authority has passed the specified prior order under the insolvency framework for individuals and partnership firms. The application must be filed within three months of the relevant order. If the debtor is a firm, any partner may file the application.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bankruptcy application framework for individuals and partnership firms after specified insolvency orders and within a three-month filing period.
An application for bankruptcy may be made by a creditor or by the debtor where the Adjudicating Authority has passed the specified prior order under the insolvency framework for individuals and partnership firms. The application must be filed within three months of the relevant order. If the debtor is a firm, any partner may file the application.
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