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Companies Law - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Continuation of prosecution proceedings against the company in ...

Companies Law

March 18, 2020

Continuation of prosecution proceedings against the company in cases CIRP proceedings where resolution plan has been approved - there is no dispute that a resolution plan has been approved by the Adjudicating Authority (NCLT) and in the circumstances, there is much merit in the contention that the petitioner cannot be prosecuted and is liable to be discharged. - HC

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