The INSOLVENCY AND BANKRUPTCY CODE, 2016 Last Update 01-6-2020

INSOLVENCY RESOLUTION AND LIQUIDATION FOR CORPORATE PERSONS

Section 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.