Anil Tyagi 10 November 2021

Filing of claim by employee under ibc

As per amendment minimum amount is Rs.1 Crore. Is it applicable to employee claim against employer also as there will be a rare claim for Rs.1 Crore.
Thanks & Regards

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Quick Summary

This discussion explores whether the recent Rs 1 Crore minimum threshold for filing claims under the Insolvency and Bankruptcy Code (IBC) applies to employee claims against employers. Participants question the practicality of this threshold for typical employee disputes. Further details are needed to provide a definitive answer.