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Episode 27 - Raninga Ispat Private Limited (RIPL) | CIRP | Case Study | Insolvency & Bankruptcy Code, 2016 (IBC)


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The Adjudicating Authority admitted an application filed under S.7 of the Insolvency & Bankruptcy Code, 2016 (IBC) which was later set-aside by the NCLAT. Before it is set-aside the corporate debtor had incurred certain CIRP Cost. Who shall bear these expenses? Is it the Applicant FC alone or proportionately by the members of CoC? Listen to our podcast to know the answer.
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