12 August 2024


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NCLAT: Can’t Lay Down Straight Jacket Formula for Adjudication of Application u/s 12A of IBC - 10.03.2025

NCLAT New Delhi bench has held that for adjudication of application under Section 12A of Insolvency and Bankruptcy Code, 2016 by the Adjudicating Authority, no straight jacket formula can be laid down.

Tags : NCLAT New Delhi Straight Jacket Formula Adjudication of Application

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