Limitation in insolvency: admissibility requires established debt and default and bars further merits inquiry at admission. Where a claim establishes debt and default and the petition is within limitation, the Tribunal's role at the admission stage is limited to admitting the ... Summary
Limitation in insolvency: admissibility requires established debt and default and bars further merits inquiry at admission.
Where a claim establishes debt and default and the petition is within limitation, the Tribunal's role at the admission stage is limited to admitting the corporate insolvency resolution process without undertaking an extensive merits inquiry into the underlying debt or default.
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TaxTMI 
TaxTMI 
