Corporate debtors eligible for creditor-initiated insolvency resolution process

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Full Text of the Document

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....ed insolvency resolution process may be initiated in respect of the following corporate debtors under this Chapter, namely:-- (a) a corporate debtor with assets or income or both, below such levels; (b) a corporate debtor with such class of creditors or such amount of debt; or (c) such other category of corporate debtors, as may be notified by the Central Government. ....