https://www.taxtmi.com/acts?id=31074 A creditor may initiate the insolvency resolution process by applying to the Adjudicating Authority individually, jointly, or through a resolution professional, including in relation to partnership debts against partners or the firm; multiple applications against different partners may be consolidated by the Adjudicating Authority. The application must include details of debts as on the application date, evidence of failure to pay after service of a notice of demand, and relevant proof of default, and a copy of the application must be provided to the debtor, in the prescribed form, manner and with prescribed fee. en-us Tue, 02 Jan 2018 15:25:19 +0530 Fri, 06 Dec 2019 12:18:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31074 A creditor may initiate the insolvency resolution process by applying to the Adjudicating Authority individually, jointly, or through a resolution professional, including in relation to partnership debts against partners or the firm; multiple applications against different partners may be consolidated by the Adjudicating Authority. The application must include details of debts as on the application date, evidence of failure to pay after service of a notice of demand, and relevant proof of default, and a copy of the application must be provided to the debtor, in the prescribed form, manner and with prescribed fee. Act-Rules IBC Tue, 02 Jan 2018 15:25:19 +0530 https://www.taxtmi.com/acts?id=31074