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Mad. HC: Juri. Akin to Revisional Juri. Must be Exercised by Adj. Authority to Assess Correctness - (10 Jun 2024)

COMPANY

Mad. HC has observed that even though Adjudicating Authority may not sit in appeal over commercial wisdom of Committee of Creditors, still it is required to exercise jurisdiction, akin to a revisional jurisdiction, to ascertain correctness of what has been done before and by Committee of Creditors.

Tags : MADRAS HIGH COURT   COMMITTEE OF CREDITORS   ADJUDICATING AUTHORITY  

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