https://www.taxtmi.com/highlights?id=65754 Initiation of CIRP - threshold of Rupees One Crore - Default by Corporate Debtor is a condition precedent which gives right to the Operational Creditor to file application under Section 9 but for initiating CIRP process threshold, as prescribed under Section 4, is to be fulfilled by the Operational Creditor on the date of initiation of CIRP process. - AT en-us Thu, 22 Sep 2022 09:39:10 +0530 Thu, 22 Sep 2022 09:39:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65754 Initiation of CIRP - threshold of Rupees One Crore - Default by Corporate Debtor is a condition precedent which gives right to the Operational Creditor to file application under Section 9 but for initiating CIRP process threshold, as prescribed under Section 4, is to be fulfilled by the Operational Creditor on the date of initiation of CIRP process. - AT Highlights Insolvency and Bankruptcy Thu, 22 Sep 2022 09:39:10 +0530 https://www.taxtmi.com/highlights?id=65754