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Resolution applicant who ranked 6th couldn’t have any right to participate for re-negotiating over decision of CoC

June 26, 2020[2020] 117 taxmann.com 156 (NCL-AT)
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IBC : Where evaluation criteria suggested that only top three resolution applicant should be negotiated, resolution applicant who ranked 6th could not have any right to participate for re-negotiating over decision of CoC; since no ground had been made out in terms of section 61(3), resolution plan of successful resolution applicant was not to be interfered with

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