THE SMART TRICK OF IBC138 THAT NO ONE IS DISCUSSING

The smart Trick of ibc138 That No One is Discussing

Additionally, S.138 proceedings are penal in mother nature directed at punishing an individual (like a director or signatory) for his or her failure to honor their obligations less than a cheque. This is different from recovery proceedings which are usually stayed through a moratorium time period.The interaction amongst these two sections has long

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