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IBC - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Initiation of CIRP - Counter claim - the Adjudicating Authority ...

Insolvency and Bankruptcy

August 24, 2020

Initiation of CIRP - Counter claim - the Adjudicating Authority cannot decide the counter claim while admitting the Application. As such, all the essential requirements have been fulfilled and Application under Section 7 IBC was rightly admitted by the Adjudicating Authority - AT

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