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Adjudicating Authority Denies Applicant's Post-Approval Relief Request; Respondent Liable for Compensation.

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Full Text of the Document

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....Joint and severable liability of respondent to make good the losses suffered by the applicant - the applicant did not approach this Adjudicating Authority when the Resolution Plan was under consideration and had come before this Adjudicating Authority after the approval of the plan, this Adjudicating Authority is of the opinion that he has no right to file any application or seek any relief at this stage - Tri....