SC advises NCLT against routine asset revaluation orders : v

The SC set aside an order of revaluation passed by the NCLT, stating that there was no justification for the revaluation when there were no objections raised by the RP or the CoC regarding any irregularity in the resolution plan.

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Ahsanuddin Amanullah , Vikram Nath , National Company Law Appellate Tribunal , Justices Vikram Nath , Bankruptcy Code , Supreme Court , Revaluation , Nclt , Committee Of Creditors , Orp , Resolution Professional , Sc ,