Whether the observations made in the Forensic Audit Report can be the sole basis for Bank to conclude an event of Wilful Default? – High Court In this case, the petitioner is challenging an order from the Punjab National Bank (Respondent Bank) that declared them a “Wilful Defaulter” under the “Master Circular on Wilful Defaulters, […]
Insolvency and Bankruptcy Code: Govt may intervene in rare cross-border insolvency cases
