Unable to Pay Debts. The Borrower is unable to pay its debts as they fall due, commences negotiations with any one or more of its creditors with a view to the general readjustment or rescheduling of its indebtedness or makes a general assignment for the benefit of or a composition with its creditors.
Appears in 7 contracts
Samples: ntpc.co.in, www.ntpc.co.in, ntpcrel.co.in
