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IBC - Highlights / Catch Notes

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Admissibility of section 9 application - locus of Real Estate ...

Insolvency and Bankruptcy

December 12, 2023

Admissibility of section 9 application - locus of Real Estate Regulatory Authority and Aquacity Consumer and Societies Welfare Society to file Company Appeal u/s 61 of IBC - - Appeal filed by the RERA cannot be thrown out on the ground of locus. The RERA held to be aggrieved person within the meaning of Section 61 of the Code - the question has to be answered in affirmative holding that RERA has locus to file Company Appeal. - AT

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