NCLT's Broad Jurisdiction in Handling Insolvency Resolution Plans and Issuing Injunctions Highlighted.

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Full Text of the Document

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....Territorial Jurisdiction - validity of declaratory decree to the effect that the purported Assignment Deed - permanent and mandatory injunction - the jurisdiction vested in NCLT while dealing with a resolution plan is of wide ambit and any question of law or fact in relation to the insolvency resolution has to be determined by the NCLT. - HC....