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Selection of defaulters by RBI for referral to resolution under IBC based on expert advice was within scope of RBI: HC

November 29, 2018[2018] 99 278 (Delhi)

IBC: Where criteria adopted by RBI for selecting defaulters to be referred for resolution under IBC were based on expert advice and within scope of their powers, contention of petitioner that inclusion of its name in list of borrowers to make reference under IBC was arbitrary, was wholly unsustainable

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