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Corporate Law | NCLAT Upholds Section 10 IBC Rejection, Reduces Penalty for Malicious Filing

11 Sept 2026 · 6d agoBy CA Sandeep Kanoi

NCLAT upholds rejection of Section 10 CIRP application filed amid SARFAESI recovery proceedings, but reduces penalty from Rs. 10 lakh to Rs. 5 lakh. The post NCLAT Upholds Section 10 IBC Rejection, Reduces Penalty for Malicious Filing appeared first on TaxGuru .

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