https://www.taxtmi.com/highlights?id=57184 CIRP - Neither the Section of law nor the Regulation says that the claim of a debt can be made only when there is a default. The debt and default would be a sine qua non for the admission of a Section 7 or Section 9 or Section 10 petition. But for filing claim before IRP, mere debt is sufficient and it would not be necessary that the debt has been defaulted. - Tri en-us Tue, 16 Mar 2021 11:59:38 +0530 Tue, 16 Mar 2021 11:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57184 CIRP - Neither the Section of law nor the Regulation says that the claim of a debt can be made only when there is a default. The debt and default would be a sine qua non for the admission of a Section 7 or Section 9 or Section 10 petition. But for filing claim before IRP, mere debt is sufficient and it would not be necessary that the debt has been defaulted. - Tri Highlights Insolvency and Bankruptcy Tue, 16 Mar 2021 11:59:38 +0530 https://www.taxtmi.com/highlights?id=57184