During the pendency of the matter before Facilitation Council, appointment of an arbitrator on the basis of contractual arbitration clause is patently contrary to the provisions of the MSMED Act, 2006 – Marine Craft Engineers Pvt. Ltd. Vs. Garden Reach Shipbuilders and Engineers Ltd. – Calcutta High Court

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Liquidator have power to replace or remove the Nominee Directors of the Corporate Debtor on the board of other Companies- Rajive Kaul Vs. Vinod Kumar Kothari & ors – NCLAT

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