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Proceeding initiated under SARFAESI Act can't act as bar to file application u/s 7 against corporate debtor

August 8, 2019[2019] 109 253 (NCLT-Chd.)

IBC: In view of overriding effect of provisions of section 238, proceedings initiated under SARFAESI Act, 2002, can not operate as a bar to file an application under section 7 against corporate debtor

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