IBCArticle·27 July 2026

NCLT expunges adverse remarks against RP

By J the App

Executive Summary

The NCLAT expunged the personal strictures and consequential directions issued against the erstwhile Resolution Professional.

While affirming its earlier legal findings, the Tribunal held that the Resolution Professional had acted bona fide in navigating a unique statutory situation.

Domain | Regulatory | IBC

Background

In its earlier judgment dated 6 Februar...

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