Case Law Details
Case Name : IDBI Bank Limited Vs V. Venkata Sivakumar (NCLAT)
Related Assessment Year :
Courts :
NCLAT
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
IDBI Bank Limited Vs V. Venkata Sivakumar (NCLAT)
Held that conjoint reading of section 33 of IBC with section 16 of the General Clauses Act, 1897 would show that the authority which has power to appoint a person, equally has the power to suspend or dismiss that person.
Facts-
The Applicant filed an application before NCLT seeking removal of the liquidator. It was contended on behalf of the Applicant that the liquidator did not have the valid authorization for assig
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.