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IBC is not a recovery mechanism, says NCLAT
The Insolvency & Bankruptcy Code (IBC) is "not a recovery mechanism", observed the National Company Law Appellate Tribunal (NCLAT), while dismissing a plea against United Telecoms filed by one of its operational creditors.
The Insolvency & Bankruptcy Code (IBC) is "not a recovery mechanism", observed the National Company Law Appellate Tribunal (NCLAT), while dismissing a plea against United Telecoms filed by one of its operational creditors. 
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