Application by a financial creditor in case of no default in respect of his debt

    Posted By : Ekta / Published on : 26-Sep-2018 11:13 PM / View : 83 / Comment : 1
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    Can a financial creditor in respect of whom there is no default
    file an application of resolution under the IBC 2016?
    Read more on : respect debt default case financial creditor application

    • Dear Ma'am,

      Greetings!

      Yes, a financial creditor for whom there is no default can still file an application against a corporate debtor provided, the corporate debtor has a default against some other financial creditor. However, in that case, he can only file the joint application with the financial creditor for whom there is default.

       

      26-09-2018 / 05:23:32 AM
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