Section 11A(4) of IBC is clear and unambiguous and makes it clear that rule of precedence as provided in sub-section (1) to (3) does not apply to application(s) filed prior introduction of PIRP regime in the Code – Sudal Industries Ltd. – NCLT Mumbai Bench

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Entire arbitration award need not be set aside due to the perversity in one specific claim or counter-Claim – Bawana Infra Development Pvt. Ltd. Vs. Delhi State Industrial & Infrastructure Development Corporation Ltd. (“DSIIDC”) – Delhi High Court

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If as on the date of commencement of CIRP, the sale of the assets of the Corporate Debtor under SARFAESI Act, 2002 was not completed and the total sale price was not paid, when the moratorium was imposed, receipt of the balance sale consideration is illegal – Indian Overseas Bank Vs. M/s RCM Infrastructure Ltd. – NCLAT New Delhi

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