Filed IP for balance amount to be payable Filed IP for balance amount to be payable

3 months ago

Filed IP for balance amount to be payable.. Can my government jobs be protected or shall I provide VRS to get my benefits.

Legal Counsel Vidhikarya

Responded 3 months ago

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A.Dear Client,
A government employee is not barred by IBC 2016 from filing the insolvency petition before the NCLT in India. However, such an employee is liable to be dismissed from services once declared insolvent by the Court on the ground of conviction by a Court of law involving moral turpitude..
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