https://www.taxtmi.com/highlights?id=55280 Initiation of CIRP - the Financial Creditor is trying to recover his dues through various legal actions which was being contested by the Corporate Debtor at every stage. In the absence of any adverse order in the above proceedings and after thoroughly perusing the documents executed by the Corporate Debtor with the Financial Creditor, the debt in question is legally recoverable debt and therefore reject the contention that respondent company is not a Corporate Debtor as there is no legally recoverable debt. - Tri en-us Sat, 24 Oct 2020 18:10:54 +0530 Sat, 24 Oct 2020 18:10:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55280 Initiation of CIRP - the Financial Creditor is trying to recover his dues through various legal actions which was being contested by the Corporate Debtor at every stage. In the absence of any adverse order in the above proceedings and after thoroughly perusing the documents executed by the Corporate Debtor with the Financial Creditor, the debt in question is legally recoverable debt and therefore reject the contention that respondent company is not a Corporate Debtor as there is no legally recoverable debt. - Tri Highlights Insolvency and Bankruptcy Sat, 24 Oct 2020 18:10:54 +0530 https://www.taxtmi.com/highlights?id=55280