A registered Trade Union formed for the purpose of regulating relationship between workmen and their employer. Can such Trade Union initiate CIRP against the company on behalf of its members...? (a) As Financial Creditor
CS Professional · Insolvency - Law and Practice · PYQS · December 2023
A registered Trade Union formed for the purpose of regulating relationship between workmen and their employer. Can such Trade Union initiate CIRP against the company on behalf of its members...? (a) As Financial Creditor. (b) As an Operational Creditor. (c) Trade Union cannot initiate a CIRP. (d) A trade union is neither a financial creditor nor an operational creditor.
Topics: Corporate Insolvency Resolution Process (CIRP)
Related Questions in this Topic
- Mr. V. Ramaswamy is former Director of Corporate Debtor namely M/s Narmada Project Limited an application field with Res...
- Mr. Krish, an operational creditor, filed an application with the Adjudicating Authority (NCLT, Delhi) to initiate the C...
- Mr. Krish, an operational creditor, filed an application with the Adjudicating Authority (NCLT, Delhi) to initiate the C...
- Mr. Krish, an operational creditor, filed an application with the Adjudicating Authority (NCLT, Delhi) to initiate the C...
- Mr. K Sridhar and Mr. K. Murali are the Directors of M/s S & M Engineering Enterprises Limited (SMEEL). Unfortunately, b...