Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Insolvency and BankruptcyFebruary 29, 2020Case LawsSC
Initiation of CIRP - Scope of IBC - Preferential transaction u/s 43 - Looking to the legal fictions created by Section 43 and looking to the duties and responsibilities per Section 25, in our view, for the purpose of application of Section 43 of the Code in any insolvency resolution process, what a resolution professional is ordinarily required to do could be illustrated. (See para 28.1) - SC
Initiation of CIRP - Scope of IBC - Preferential transaction u/s 43 - Looking to the legal fictions created by Section 43 and looking to the duties and responsibilities per Section 25, in our view, for the purpose of application of Section 43 of the Code in any insolvency resolution process, what a resolution professional is ordinarily required to do could be illustrated. (See para 28.1) - SC
Note: It is a system-generated summary and is for quick reference only.