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Case Name : Chaudhary Ventures Pvt. Ltd & Ors. Vs Union of India & Anr. (Delhi High Court)
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Chaudhary Ventures Pvt. Ltd & Ors. Vs Union of India & Anr. (Delhi High Court) Introduction: In a significant ruling, the Delhi High Court has directed the Chairperson of the Debt Recovery Appellate Tribunal (DRAT) to make a swift decision regarding the application for waiver of the 25% deposit required in the securitization application filed by Chaudhary Ventures Pvt. Ltd & Ors. against the Union of India & Anr. This case highlights the complexities involved in the securitization process and the impact of judicial directions on the parties involved. Detailed Analysis: The writ...
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