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NCLT reserves order on Valli Arunachalam’s withdrawal plea on earlier waiver application

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NCLT reserves order on Valli Arunachalam’s withdrawal plea on earlier waiver application

The submissions of the counsels centered around Order 23 Rule 1 of the CPC as also the NCLT rules and both side advanced technical arguments on the same, with AIL pleading that the withdrawal application should not be allowed.