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Indian Laws - Highlights / Catch Notes

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Removal of names of the petitioners from the list of wilful ...

Indian Laws

October 18, 2021

Removal of names of the petitioners from the list of wilful defaulters - This Court is of the view that the names of the writ petitioners cannot be removed from the list of wilful defaulters merely on the ground that the company is absolved of its liability as the petitioners have furnished personal guarantees to the loan facility extended by the respondent. The order of the Review Committee does not suffer from any infirmity. - HC

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