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NCLAT: When S. 54C App. is Filed 14 Days after S.7 Application, the Latter should be Decided First - (12 Feb 2025)

INSOLVENCY

NCLAT New Delhi bench has held that as per section 11A(3) of IBC, application under Section 7 must be decided first when application under section 54C of IBC is filed after 14 days from the date of the application filed under section 7 of IBC.

Tags : NCLAT NEW DELHI   SECTION 54C   IBC  

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