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2022 (9) TMI 805 - AT - Insolvency and BankruptcyAuction of the barge which was hypothecated with the bank - initiation of proceedings under SARFAESI Act - HELD THAT:- The Adjudicating Authority committed error in rejecting the application only on the ground that appellant has no locus. The order impugned is set aside and the application filed by the appellant is revived before the Adjudicating Authority which may be considered and decided in accordance with law - Appeal allowed.
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