WATERFALL DISTRIBUTION UNDER INSOLVENCY AND BANKRUPTCY CODE, 2016
All monies, including cheques and demand drafts, received through sell of assets of the Corporate Debtor have to be deposited
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All monies, including cheques and demand drafts, received through sell of assets of the Corporate Debtor have to be deposited
Read MoreSecured Creditors enjoy privileges under the Liquidation Process although they do not enjoy any privileges under the Corporate Insolvency Resolution
Read MoreAfter his appointment, the Liquidator has to form a Liquidation Estate under Section 36, which comprises of the all the
Read MoreIf a Corporate Debtor has been admitted to liquidation, that is not end of the road for the Corporate Debtor.
Read MoreWhen the Adjudicating Authority passes an order for liquidation of Corporate Debtor, simultaneously it appoints Resolution Professional, who has conducted
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