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Rectification jurisdiction of the NCLT u/s 59 of the Companies Act, 2003
–Report by Prapti Prajeeta In this case of IFB AGRO INDUSTRIES LIMITED vs SICGIL INDIA LIMITED, the court determined the forum appropriate for adjudication and determination of violations of SAST...
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Power of NCLT to Review a Resolution Plan
The resolution plan is created for the firm based on the advice and recommendations of the committee of creditors members to maximize the effectiveness of the corporate insolvency resolution process....