Insolvency application disclosure requirement strengthened by requiring specified information to accompany the corporate applicant's filing. Section 54C is amended to require a corporate applicant, along with the application, to furnish such information as may be specified. The substituted provision makes compliance with specified information-furnishing part of the application process under the insolvency framework.
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Provisions expressly mentioned in the judgment/order text.
Insolvency application disclosure requirement strengthened by requiring specified information to accompany the corporate applicant's filing.
Section 54C is amended to require a corporate applicant, along with the application, to furnish such information as may be specified. The substituted provision makes compliance with specified information-furnishing part of the application process under the insolvency framework.
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