https://www.taxtmi.com/caselaws?id=296718 An application under the Insolvency and Bankruptcy Code, 2016 was not maintainable against a society registered under the Societies Registration Act, 1860, because such a society was not treated as a body corporate or corporate person for IBC purposes. The analysis noted that body corporate status is conferred under Section 18 of the Andhra Pradesh Societies Registration Act, 2001 only for societies registered under that enactment, and that this benefit did not extend to societies registered under the 1860 Act. On that basis, a Section 7 application could not proceed and was liable to be dismissed. en-us Tue, 26 Mar 2019 00:00:00 +0530 Thu, 05 Aug 2021 08:43:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296718 An application under the Insolvency and Bankruptcy Code, 2016 was not maintainable against a society registered under the Societies Registration Act, 1860, because such a society was not treated as a body corporate or corporate person for IBC purposes. The analysis noted that body corporate status is conferred under Section 18 of the Andhra Pradesh Societies Registration Act, 2001 only for societies registered under that enactment, and that this benefit did not extend to societies registered under the 1860 Act. On that basis, a Section 7 application could not proceed and was liable to be dismissed. Case-Laws Insolvency and Bankruptcy Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296718