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IBC - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Commercial wisdom of CoC cannot be interfered with by the ...

Insolvency and Bankruptcy

May 29, 2019

Commercial wisdom of CoC cannot be interfered with by the Adjudicating Authority. Definitely, it does not mean that Carte Blanche powers are given to RP & the CoC but to apply 'commercial mind' is the forte of the CoC and to apply the 'judicial mind' is forte of the Adjudicating authority

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