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Corporate Law

Whether POA Holder Can File Application Under IBC, 2016

Case Law Details

Case Name
Shriram EPC Limited Vs. Rio Glass Solar SA (NCLAT Delhi)
Date of Judgement/Order
Only available for paid members
Courts
NCLAT
Advertisement Factual Background: Appellant:the application under Section 9 in Form-5 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 (hereinafter referred to as ‘Adjudicating Authority Rules’) has not been signed by the ‘Operational Creditor’, but by the “Power of Attorney holder. The question whether a ‘Power of Attorney holder’ can file an application for initiation of ‘Corporate Insolvency Resolution Process’ fell for consideration before this Appellate Tribunal in “Palogix Infrastructure Limited Vs. ICICI Bank Limited”-Company ...
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Author Info

CS Divesh Goyal
Qualification: CS
Company: Goyal Divesh & Associates
Location: Delhi, Delhi
Articles Published: 726

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