Central Government notifies persons who may file an application for initiating corporate insolvency resolution process against a corporate debtor before the Adjudicating Authority, on behalf of the financial creditor - S.O. 1091(E) - Insolvency and Bankruptcy
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Representation of financial creditor: specified representatives may file corporate insolvency resolution applications on its behalf. Notification under the Insolvency and Bankruptcy Code authorises specified representatives to file corporate insolvency resolution process applications on behalf of a financial creditor before the Adjudicating Authority. The authorised classes are a guardian; an executor or administrator of the financial creditor's estate; a trustee, including a debenture trustee; and a person duly authorised by a company's Board of Directors.
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.
Representation of financial creditor: specified representatives may file corporate insolvency resolution applications on its behalf.
Notification under the Insolvency and Bankruptcy Code authorises specified representatives to file corporate insolvency resolution process applications on behalf of a financial creditor before the Adjudicating Authority. The authorised classes are a guardian; an executor or administrator of the financial creditor's estate; a trustee, including a debenture trustee; and a person duly authorised by a company's Board of Directors.
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