The Bombay High Court held that insolvency proceedings against personal guarantors cannot continue before the DRT once CIRP of the corporate debtor is underway. Such proceedings must lie exclusively ...
The tribunal held that prior approval under Section 153D was granted mechanically without application of mind. Such invalid sanction vitiated the entire search assessment, leading to quashing of the ...
Code of Civil Procedure, 1908; Order XXI Rules 97, 99, and 101 — Powers of Executing Court regarding Lok Adalat Awards — Held, while these provisions enable an Executing Court to address incidental ...
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