Forms to be used for application before NCLT by the creditors under the Insolvency and Bankruptcy Code, 2016

    Posted By : Ekta / Published on : 26-Sep-2018 11:17 PM / View : 75 / Comment : 2
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    What are the forms to be used for Application to be filed before
    National Company Law Tribunal (NCLT) by Financial Creditor,
    Operational Creditor and Financial Debtor?
    Read more on : insolvency bankruptcy code under creditors used application before nclt

    • In reference to your query,

       

      The applicant(Financial creditor) will prepare the application in Form 1 (sub-rule (1) of rule 4) Under section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016;

       

      The applicant(Operational Creditor) will prepare the application in FORM 5 (See sub-rule (1) of rule 6) Under rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016.

       

      Hope it would help you!!

       

      26-09-2018 / 05:39:15 AM
      Reply
    • Thank you!

      27-09-2018 / 04:44:49 AM
      Reply



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