TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 12A Allows Application Withdrawal with 90% Creditor Approval Under Insolvency and Bankruptcy Code 2016.</h1> Section 12A of the Insolvency and Bankruptcy Code, 2016, permits the withdrawal of an application admitted under sections 7, 9, or 10. This withdrawal can occur if the applicant submits a request and obtains approval from ninety percent of the voting share of the committee of creditors. This provision was introduced through the Insolvency and Bankruptcy Code (Second Amendment) Act, 2018, and came into effect on June 6, 2018.
TaxTMI 
TaxTMI 
