Financial Creditor Rights in CIRP: Bank of India Can Enforce Against Corporate Debtor Without Restriction. No Dispute on Debt Default.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....CIRP Process - scope of Financial Creditor - The Financing Documents do not in any manner curtail or limit the rights of the 'Financial Creditor'- 'Bank of India' in its individual capacity to enforce its rights against the 'Corporate Debtor' in regard to the financial debt which is payable in law and in fact and in respect whereof default as alleged is not disputed....