https://www.taxtmi.com/highlights?id=49479 Initiation of CIRP - Petition u/s 7 of the I&B Code is to be considered by the Adjudicating Authority on its own merits taking into consideration the records and in absence of any evidence to show that the State Bank of India filed the application only because of the ‘Circular’ issued by Reserve Bank of India, it was not open to the Adjudicating Authority to reject the application. en-us Thu, 26 Sep 2019 07:42:31 +0530 Thu, 26 Sep 2019 15:56:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49479 Initiation of CIRP - Petition u/s 7 of the I&B Code is to be considered by the Adjudicating Authority on its own merits taking into consideration the records and in absence of any evidence to show that the State Bank of India filed the application only because of the ‘Circular’ issued by Reserve Bank of India, it was not open to the Adjudicating Authority to reject the application. Highlights Insolvency and Bankruptcy Thu, 26 Sep 2019 07:42:31 +0530 https://www.taxtmi.com/highlights?id=49479