Resolution Applicant Eligible: No Evidence Found u/s 29A of Insolvency and Bankruptcy Code. Resolution Process to Proceed.

CIR Process - RP or the COC or that the Adjudicating Authority found the ‘Resolution Applicant’ to be ineligible u/s 29A and in absence of any such evidence, it was not open to the Adjudicating Authority to observe that the Appellant has a nexus with the ‘Corporate Debtor’ .....

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