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Case Name : Vivek Raheja Vs Insolvency And Bankruptcy Board of India (Delhi High Court)
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Vivek Raheja Vs Insolvency And Bankruptcy Board of India (Delhi High Court) Delhi High Court held that writ jurisdiction under Article 226 of the Constitution of India is not exercisable in absence of any perversity in the order passed by Insolvency and Bankruptcy Board of India. Accordingly, writ petition is dismissed. Facts- The Appellant was appointed by the National Company Law Tribunal, New Delhi to act as the Resolution Professional of Trading Engineers (International) Limited on 04.07.2019. On 15.02.2021, the Resolution Plan vis-à-vis the Corporate Debtor was approved by the Committee...
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