https://www.taxtmi.com/highlights?id=66596 Initiation of CIRP - Financial creditors - The ‘Event of Default’ declared by the Respondent IDBI Bank has not been declared in accordance with the Inter-se Agreement entered into between participating banks of the Bank of Baroda consortium and the Security Trustee Agreement, and therefore cannot be called a valid ‘Event of Default’. - AT en-us Thu, 17 Nov 2022 09:12:06 +0530 Thu, 17 Nov 2022 09:12:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66596 Initiation of CIRP - Financial creditors - The ‘Event of Default’ declared by the Respondent IDBI Bank has not been declared in accordance with the Inter-se Agreement entered into between participating banks of the Bank of Baroda consortium and the Security Trustee Agreement, and therefore cannot be called a valid ‘Event of Default’. - AT Highlights Insolvency and Bankruptcy Thu, 17 Nov 2022 09:12:06 +0530 https://www.taxtmi.com/highlights?id=66596