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NCLAT Fortnightly: Important orders on IBC (October 16 – October 31, 2023)

The article provides a brief look at important orders passed by the NCLAT under the IBC between October 16 and October 31, 2023.

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NCLAT sets aside order patently illegal, unreasonable order passed by former NCLT Acting President

The NCLAT set aside an order passed by a former Acting President of the NCLT on finding that it was issued without jurisdiction and in violation of his own administrative orders during the COVID-19 lockdown.

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