Corporate Insolvency Proceedings Initiated as Workmen's Dues Exceed One Lakh Rupees Due to Debtor's Default.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Corporate insolvency process - Each workman’s due is more than rupees one lakh and the ‘Corporate Debtor’ having defaulted to pay the amount, the application was fit to be admitted.....