Pre-pack insolvency filing requires prescribed application, supporting affidavit and service to board before tribunal submission. A corporate applicant must file the prescribed application for pre-packaged insolvency in Form 1 with affidavit and Annexure documents in electronic form with the filing fee, or physically if electronic filing is unavailable, with bulky documents on an acceptable storage device. The applicant must serve a copy on the Board before filing, file before the Adjudicating Authority in accordance with applicable NCLT Rules, and inform the Adjudicating Authority of any subsequent winding-up petition against the corporate debtor.
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.
Pre-pack insolvency filing requires prescribed application, supporting affidavit and service to board before tribunal submission.
A corporate applicant must file the prescribed application for pre-packaged insolvency in Form 1 with affidavit and Annexure documents in electronic form with the filing fee, or physically if electronic filing is unavailable, with bulky documents on an acceptable storage device. The applicant must serve a copy on the Board before filing, file before the Adjudicating Authority in accordance with applicable NCLT Rules, and inform the Adjudicating Authority of any subsequent winding-up petition against the corporate debtor.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
