Undated Certificate of Bankers Book Evidence Act Valid under IBC: NCLT

Undated Certificate of Bankers Book Evidence Act Valid under IBC, rules NCLT
NCLT Chandigarh - Bankers Book Evidence - Undated Certificate - taxscan

The Chandigarh Bench of the National Company Law Tribunal ( NCLT ) held that Undated Certificate of the Bankers Book Evidence Act, 1891 is valid under the Insolvency and Bankruptcy Code, 2016 ( IBC ). Canara Bank (ā€œApplicantā€) has filed the present application under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with…

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