The Adjudicating Authority failed to take the right of the Appellant of realizing the security interest and sit out of liquidation, under consideration before passing an order of liquidation and assigning the assets of the company to the liquidator. The provisions of Section 52 of the code were not complied with – Bank of Baroda Vs. Mrs. Deepa Venkat Ramani Anr (RP) – NCLAT

In order to access this content you need to login to your account or in case you've already logged in, you may need to Subscribe here.
If you are still facing any issue in login, WhatsApp us : +91 9577994433 or Click here to WhatsApp us.

/* Copy to Clipboard */