Gaurav Gujrati (Auditor) 10 January 2018
Sir,
I am a propertitor of my properitorship firm and my debts has to be recovered from one private limited company which amounts to Rs. 4 lacs Approx. For the recovery of the dues Whether i can proceed under Insolvency and Bankrupcty Code or Debt Recovery Tribunal will hear my plea.
Please advice.
Thanks
shobanbabu.B (company secretary and Legal) 10 January 2018
It is best to sue the company under the Insolvency and Bankrupcty Code.
The case will be over by 6 months.
SHIRISH PAWAR, 7738990900 (Advocate) 13 January 2018
Debt Recovery Tribunal is not the proper forum for your recovery of debts. You have to proceed under Insolvency and Bankruptcy Code.
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