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IBC - Highlights / Catch Notes

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Authorization of Applicant/ Liquidator to defend all of any of ...

Insolvency and Bankruptcy

February 3, 2024

Authorization of Applicant/ Liquidator to defend all of any of the suit, prosecution or other legal proceedings, civil or criminal in the nature of and on behalf of the Corporate Debtor initiated both prior and post the commencement of liquidation proceedings of the Corporate Debtor - The court finds that the Liquidator should have been allowed to pursue the Writ Petition based on the earlier approval.

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