30 January 2023


Karnataka HC: Provisions of KPIDFE Act Cannot be Initiated After Insolvency Proceeding Initiated - 31.05.2021

Karnataka High Court has said that the provisions of the Karnataka Protection of Interest of Depositors in Financial Establishment (KPIDFE) Act, 2004, cannot be invoked against a company after the initiation of proceedings under the Insolvency and Bankruptcy Code, 2016.

Tags : Karnataka High Court Provisions of KPIDFE Act

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