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insolvency and bankruptcy
Difference-Financial Creditor and Operational Creditor under IBC, 2016

Difference B/W Financial Creditor and Operational Creditor under IBC, 2016

Difference B/W Financial Creditor and Operational Creditor under IBC, 2016 Currently, applications to begin a corporate bankruptcy resolution procedure must first persuade the Tribunal that the petitioner is a “Financial Creditor” or an “Operational Creditor” under the Insolvency and Bankruptcy Code, 2016. A financial creditor and an operational creditor are two essential components of the […]
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