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NCLAT sets aside liquidation of Delhi-based Febris hospital

NCLAT sets aside liquidation of Febris Multispeciality Hospital; orders probe into RP s conduct - Jammu Kashmir Latest News | Tourism

NEW DELHI, Dec 12: The NCLAT has set aside the liquidation of a Delhi-based hospital and directed the Insolvency and Bankruptcy Board of India (IBBI) to investigate the conduct of the resolution professional for “many infirmities and illegalities committed” by him. The appellate tribunal has set aside an order passed by NCLT for liquidation of Febris Multispeciality Hospital and said, the “matter is remitted back to NCLT to reexamine the issue and consider to change the RP (resolution professional)”. A […]

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