section 10 application

Guide to preparing an application to initiate CIRP under section 10 of IBC, 2016

What documents do you need to prepare an application under section 10 of IBC? How does this process differ from insolvency proceedings initiated by financial creditors and operational creditors? Are all corporate persons eligible to file the applications? If you are looking for answers to such questions, you have arrived at the right place! Whether you’re a business owner, legal professional, chartered accountant, company secretary, or cost accountant, we’ve got you covered. 

Introduction

We all are aware of the insolvency of Go First (formerly GoAir), as it created significant buzz in India’s corporate and aviation business sectors. 

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