Section 7 of Insolvency and Bankruptcy Code 2016
Section 7 of Insolvency and Bankruptcy Code 2016 [ Note : Section 7 comes into force w.e.f 1st December 2016 vide notification no S.O. 3594(E) dated 30th November 2016 ] Initiation of corporate insolvency resolution process by financial creditor. 7. (1) A financial creditor either by itself or jointly with other financial creditors may file an application… Read More »