Tribunal Can Restore Company Name for CIRP if Creditor Applies Within 20 Years u/ss 7 and 9.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The Tribunal is empowered to restore the name of the Company and all other persons in their respective position for the purpose of initiation of CIRP u/s 7 and 9 of the I&B Code based on the application, if filed by the ‘Creditor’ or workman within twenty years from the date the name of the Company is struck off under sub-section (5) of Section 248.....