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2024 SCC Vol. 1 Part 5
Insolvency and Bankruptcy Code, 2016 — Ss. 7 and 238-A — Limitation period for initiating CIRP: Documents reflecting acknowledgments of debts i.e.
Insolvency and Bankruptcy Code, 2016 — Ss. 7 and 238-A — Limitation period for initiating CIRP: Documents reflecting acknowledgments of debts i.e.
NCDRC also highlighted that the housing society which the complainants were members of was not arrayed as a party in the instant matter.
As there cannot be a vacuum in law, the process of election cannot be stalled specially, when a provision exists, whereby, fresh election has to be conducted in a particular manner.