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[BREAKING] Salary-wages during CIRP are costs for asset dist
[BREAKING] Salary-wages during CIRP are costs for asset dist
[BREAKING] Salary-wages during CIRP are costs for asset distribution under Section 53 IBC: Supreme Court
The Supreme Court held that salary wages of employees during the Corporate Insolvency Resolution Process (CIRP) under the IBC are to be treated as costs for asset distribution purposes under the IBC.
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