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State Bank Of India vs Mr. Navjit Singh Liquidator Of M/S Grs ... on 16 March, 2022

87. Similarly, in State Bank of India (supra), this Tribunal upheld the Adjudicating Authority's direction that even if the secured creditor proceeds to realise its security interest, it is bound to make payment of the Liquidator's fee in terms of Regulations 2(ea), 2A, 21A and 37 of the Liquidation Regulations read with Sections 52 and 53 of the Code.
National Company Law Appellate Tribunal Cites 0 - Cited by 0 - Full Document
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