The Tax Publishers

Insolvency and Bankruptcy Code, 2016--CIRP

Maintainability of Petition Filed by Sole Proprietory Firm--Unearthing the Issue

Pragya Bhandari

As various forms of entities can seek remedy under the Insolvency and Bankruptcy Code, 2016, the uncertainty is continuing to exist regarding maintainability of the insolvency applications filed at behest of Sole Proprietorship firm. The learned author, in this write up, aims to discuss such maintainability with the help of judicial pronouncements as well as amendments in this regard.

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