TMI BlogE-auction of assets corporate debtors - who can participate - Scope of the term related party / relative...E-auction of assets corporate debtors - who can participate - Scope of the term related party / relative - The expressions ‘related party’ and ‘relative’ contained in the definition sections must be read noscitur a sociis with the categories of person mentioned in Explanation I. So read, it would include only persons who are connected with the business activity of the resolution applicant. - it is clearly manifest that the disqualification sought to be attached to the appellant is without any su..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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