Discretion of the Adjudicating Authority under Section 7 of the IBC
In the recent case of M Suresh Kumar Reddy v. Canara Bank, the Supreme Court clarified the position of law regarding the discretion of the Adjudicating Authority in admitting applications under Section 7 of the Insolvency and Bankruptcy Code. Learn about the background, submissions, judgment, and analysis of the case.
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