Section 65 of Insolvency and Bankruptcy Code 2016
Section 65 of Insolvency and Bankruptcy Code 2016 [ Note : Section 65 comes into force w.e.f 1st December 2016 vide notification no S.O. 3594(E) dated 30th November 2016 ] Fraudulent or malicious initiation of proceedings. 65. (1) If, any person initiates the insolvency resolution process or liquidation proceedings fraudulently or with malicious intent for any purpose… Read More »