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NCLAT Defines the Scope and Extent of the Corporate Debtors Right to Contest Admission of Insolvency Applications Filed by Financial Creditors
In a landmark judgment recently delivered by the National Company Law Appellate Tribunal (NCLAT) in the case of Innoventive Industries Limited v. ICICI Bank Limited, the NCLAT has held that the National Company Law Tribunal (NCLT) is bound to issue only a limi…
Read the full article at: http://www.legallyindia.com/views/entry/nclat-defines-the-scope-and-extent-of-the-corporate-debtor-s-right-to-contest-admission-of-insolvency-applications-filed-by-financial-creditors