IBC Section 7, consciously uses the expression “default” – not the date of notifying the loan account of the corporate person as NPA.
IBC Section 7, - Default - NPA - Ordinarily, upon declaration of the loan account/ debt as NPA that date ...
IBC Section 7, - Default - NPA - Ordinarily, upon declaration of the loan account/ debt as NPA that date ...
IBC – Limitation – For the law of limitation, the remedy is the goal post and the right is the ...
IBC – Section 7(1) of the IBC enables a financial creditor to initiate corporate insolvency resolution process “when a default ...
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