The Gujarat HC observed that lender banks must furnish copy of audit reports before classifying loan account as fraud
The Gujarat High Court observed that lender banks must furnish copy of audit reports before classifying loan account as fraud. The petitioners are the promoters, suspended directors and share holders of the company. Company is currently in the Corporate Insolvency Resolution Process ( CIRP ) under the provisions of Insolvency and Bankruptcy Code, 2016. It…
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