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    <title>2021 (7) TMI 1309 - CALCUTTA HIGH COURT</title>
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    <description>The court dismissed the writ petition, upholding the procedural actions of the Wilful Defaulter Identification Committee (WDIC) and the Review Committee. The declaration of the petitioners as Wilful Defaulters was confirmed, and their arguments regarding procedural lapses, denial of personal hearing, and impact of proceedings under the Insolvency and Bankruptcy Code were rejected. The court found no merit in the petitioners&#039; contentions and denied their request for a stay of the judgment&#039;s operation.</description>
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    <pubDate>Mon, 26 Jul 2021 00:00:00 +0530</pubDate>
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      <description>The court dismissed the writ petition, upholding the procedural actions of the Wilful Defaulter Identification Committee (WDIC) and the Review Committee. The declaration of the petitioners as Wilful Defaulters was confirmed, and their arguments regarding procedural lapses, denial of personal hearing, and impact of proceedings under the Insolvency and Bankruptcy Code were rejected. The court found no merit in the petitioners&#039; contentions and denied their request for a stay of the judgment&#039;s operation.</description>
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