https://www.taxtmi.com/highlights?id=59056 Initiation of CIRP - petition was dismissed on the ground that the Respondent is not a body corporate - Even if best case of the Appellant is accepted, the Society which will be deemed to be a body corporate is for the purposes as mentioned in Section 18, and not Company incorporated as such - Section 2 read with Section 3 (7) does not spell out that the Respondents Companies in these Appeals are ‘Corporate Persons’ under the ‘I&B Code’ to whom provisions for ‘I&B Code’ would apply. - AT en-us Thu, 05 Aug 2021 16:33:25 +0530 Thu, 05 Aug 2021 16:33:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59056 Initiation of CIRP - petition was dismissed on the ground that the Respondent is not a body corporate - Even if best case of the Appellant is accepted, the Society which will be deemed to be a body corporate is for the purposes as mentioned in Section 18, and not Company incorporated as such - Section 2 read with Section 3 (7) does not spell out that the Respondents Companies in these Appeals are ‘Corporate Persons’ under the ‘I&B Code’ to whom provisions for ‘I&B Code’ would apply. - AT Highlights Insolvency and Bankruptcy Thu, 05 Aug 2021 16:33:25 +0530 https://www.taxtmi.com/highlights?id=59056