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Section 6 - Insolvency and Bankruptcy Code Act, 2016
Chapter II
Corporate Insolvency Resolution Process
6. Persons who may initiate corporate insolvency resolution process.-
Where any corporate debtor commits a default, a financial creditor, an operational creditor or the corporate debtor itself may initiate corporate insolvency resolution process in respect of such corporate debtor in the manner as provided under this Chapter.
Related Sections
- Section 8: Insolvency resolution by operational creditor
- Section 100: Admission or rejection of application
- Section 99: Submission of report by resolution professional
- Section 184: Punishment for false information, etc., by creditor in insolvency resolution process
- Section 59: Voluntary liquidation of corporate persons
Related Acts
* Only for reference.