Persons not entitled to make application to initiate corporate insolvency resolution process [ Section 11 ]

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....rate insolvency resolution process under this Chapter, namely:- * (a) a corporate debtor undergoing a corporate insolvency resolution process or a pre-packaged insolvency resolution process; or * (aa) a financial creditor or an operational creditor of a corporate debtor undergoing a pre-packaged insolvency resolution process; or * (b) a corporate debtor having completed corporate insolvency ....

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....orate debtor referred to in clauses (a) to (d) from initiating corporate insolvency resolution process against another corporate debtor. Relevant case Law interpretated the Section 11 by Supreme Court * In the case of Forech India Ltd. Vs. Edelweiss Assets Reconstruction Co. Ltd. - SC, dated 22.01.2019, * The Supreme Court opined that Section 11 is of limited application and only bars a CD f....