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<h1>Understanding Corporate Debtor: Defined in Section 3(8) of the Insolvency and Bankruptcy Code, 2016</h1> A corporate debtor is defined under section 3(8) of the Insolvency and Bankruptcy Code, 2016, as a corporate person who owes a debt to any person. This definition is part of a manual or ready reckoner that serves as a reference guide for understanding legal terminology and practices related to insolvency and bankruptcy.