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Tribunal Oversteps by Addressing Scheme Merits After Ruling Appeal Non-Maintainable Under Insolvency Framework Notification 24.05.2017.

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Full Text of the Document

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....Procedure while deciding appeal - Notification dated 24.05.2017 - having held that the appeal is not maintainable, the appellate Tribunal should not have adjudicated upon either the limitation aspect of the case or the merits of the particular Scheme before it.....