The NCLAT has held that the resolution applicant participated in CIRP has locus to object application for approval of resolution plan
The Principal bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that the resolution applicant who participated in the Corporate Insolvency Resolution Process ( CIRP ) has the locus to object application for approval of the resolution plan. PRIO S A, the appellant challenged the order passed by the National Company…
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