International Journal For Multidisciplinary Research
E-ISSN: 2582-2160
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Impact Factor: 9.24
A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal
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Volume 6 Issue 5
September-October 2024
Indexing Partners
Extent of Discretionary Power of NCLT under Section 7 of Insolvency and Bankruptcy Code
Author(s) | Pradeeksha.V, Saranya.S |
---|---|
Country | India |
Abstract | The research paper at hand aims at identifying critical aspects around the so said "discretion" given to the NCLT with respect to admission of application for Corporate Insolvency Resolution Proceeding (CIRP) by a financial creditor. The law in this aspect is quit unresolved at the moment and requires the involvement of the legislature or the judiciary to give out the answer with this regard. Additionally, the difference between an operational creditor and a financial creditor is also analysed in this paper. |
Keywords | Insolvency and Bankruptcy Code, Corporate Insolvency Resolution Proceedings (CIRP), National Company Law Tribunal (NCLT), Financial Creditors, Operational Creditors, Corporate Debtor |
Field | Sociology > Administration / Law / Management |
Published In | Volume 6, Issue 1, January-February 2024 |
Published On | 2024-01-28 |
Cite This | Extent of Discretionary Power of NCLT under Section 7 of Insolvency and Bankruptcy Code - Pradeeksha.V, Saranya.S - IJFMR Volume 6, Issue 1, January-February 2024. DOI 10.36948/ijfmr.2024.v06i01.12586 |
DOI | https://doi.org/10.36948/ijfmr.2024.v06i01.12586 |
Short DOI | https://doi.org/gtghmw |
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E-ISSN 2582-2160
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