This chapter discusses a case involving a creditor and a company that defaulted on payments, leading to a series of rebuttals in the insolvency courts. The Supreme Court ultimately dismisses the creditor's invalid claim, highlighting the misuse of the Insolvency and Bankruptcy Code and the challenges in defining and proving debt-related disputes.
In today’s episode for 25th September 2023, we discuss how creditors have been misusing the Insolvency and Bankruptcy Code and why they do it.
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