Insolvency and bankruptcy act-

Adil Ahmed (Querist) 11 February 2019 This query is : Resolved
Can a lawyer file for non-payment of dues as an operational creditor against his own client? please provide the answer with necessary link or judgment..

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ADV. SANKET S. BORA (Expert) 11 February 2019
Dear Adilji,

Yes, a lawyer being an operational creditor can file an Insolvency Application in the NCLT, provided the conditions provided u/s 8 and 9 of the Code are fulfilled and an amount of Rs. 100000 or more is due from a client being a Company Incorporated under Companies Act or a LLP.

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In case of any further queries, feel free to revert.

Regards,
Adv. Sanket S. Bora

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