The appellant contended that the Adjudicating Authority had permitted the withdrawal of the liquidation application without a CoC resolution, making the decision invalid. However, NCLAT noted that the ...
With a basic ballpoint in his pocket, muffler around his neck, baggy sweater and blue Wagon R, Arvind Kejriwal was the archetypal common man when he came into the public domain. And when he used the ...
NCLAT Delhi held that distribution of liquidation proceeds has to be in proportion to the admitted claim of secured creditors as per section 53 (1) of the Insolvency and Bankruptcy Code and the same ...