IBC 2016 definition
Examples of IBC 2016 in a sentence
AND WHEREAS the Resolution Professional conducted price exploration process for taking over on as is where is basis in the supervision of committee of creditors as constituted under IBC, 2016 for conducting CIRP of .
Neither party shall make News releases, Public announcements, give interviews, issue or publish advertisements or publicize in any other manner whatsoever in connection with this Agreement, the contents/provisions thereof, other information relating to this Agreement, the stated purpose, the Confidential information or other matters of this Agreement, except as per the provisions of the IBC 2016.
AND WHEREAS the Resolution Professional conducted price exploration process for taking over ▇▇▇▇▇ ▇▇▇▇▇ Limited on as is where is basis in the supervision of committee of creditors as constituted under IBC, 2016 for conducting CIRP of ▇▇▇▇▇ ▇▇▇▇▇ Limited.
The failure or Breach of settlement agreement can't be a ground to trigger CIRP against Corporate Debtor under the provision of IBC 2016 and remedy may lie elsewhere not necessarily before the Adjudicating Authority”.