Section 7 IBC application maintainable for post-Section 10A defaults
Case BriefsTribunals/Commissions/Regulatory Bodies

“When the Section 7 of Insolvency and Bankruptcy Code, 2016 (IBC) application is based on default committed subsequent to Section 10-A of the IBC period and the amount claimed subsequent to Section 10-A of the IBC period is well beyond threshold, application cannot be rejected on the ground.”